Access Bank has launched its “Power of 100 Africa” initiative, aimed at recognising and celebrating women who have made contributions to various fields across the continent. The bank made the announcement at a news conference on Tuesday in Lagos. The bank’s Deputy Managing Director, Mrs Chizoma Okoli, said the initiative, […]
Category: Capital Market
Capital Market
Young Entrepreneurs Win TotalEnergies N24m Grant
From Left to Right: Temitope Yakubu, Interkool by Farm CI, Winner Best Entrepreneur Award in the Innov’Up category, Dr. Samba Seye, Managing Director TotalEnergies Marketing Nigeria PLC., Emmanuel Abah, Waste2light LTD, Winner Best Sustainable and Affordable Energy Award in the Power’Up Category, Mr. Matthieu Bouyer, Managing Director upstream companies of […]
Transcorp Hotels Occupancy Rate Grew To 83% In Third Quarter 2024
Transcorp Hotels Plc has announced its unaudited results for the third quarter ended September 30, 2024. According to the company’s statement, the company’s occupancy rate grew to 83 per cent in third quarter (Q3) of 2024 from 79 per cent in the corresponding period of 2023. Transcorp Hotels […]
Seplat Energy Announces NUPRC Confirmation Of Consent On MPNU Deal
Seplat Energy Plc, Nigerian energy company listed on both the Nigerian Exchange and the London Stock Exchange has announced that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that consent has been granted by the Honourable Minister of Petroleum Resources in Nigeria, President Bola Ahmed Tinubu, to proceed with […]
Champion Breweries Rolls Out Growth Plans, Considers Fresh Capital Via Public Offer
Champion Breweries Plc has rolled out its strategic future growth plans aimed at ensuring consistent dividend payment to shareholders. The company, at its “Facts Behind the Figures Presentation” at the Nigerian Exchange Ltd.,(NGX) in Lagos, assured shareholders and the entire capital market community of enhanced dividends in spite of […]
Access Bank Partners NDLEA To War Against Illicit Drug Trafficking, Money Laundering
Access Bank Plc has reinforced its dedication to the fight against illicit drug trafficking and money laundering, committing to a closer partnership with the National Drug Law Enforcement Agency (NDLEA). The bank made this commitment at the formal decoration of its Group Chief Executive Officer/Managing Director, Roosevelt Ogbonna, and […]
Shareholders Lose N208bn in Aradel Holdings Shares Two Days After Quoting On NGX
Investors in Aradel Holdings Plc, Nigeria’s latest listed company, have incurred a loss of N208 billion just two days after the company’s shares debuted on the Nigerian Exchange Limited (NGX). Aradel’s stock price dropped by 5.85 per cent reducing its market capitalization from N3.562 trillion on Tuesday to N3.354 […]
WIW: SEC targets investor education, digital finance
From left; Executive Commissioner Operations, SEC;Mr. Bola Ajomale;Managing Director, AFEX Investment Limited;AFEX Samirah Ade-adebiyi; and Vice President, Financial Market,AFEX; Oluwafunto Olusemo at the Opening Ceremony of the World Investor Week 2024 on Wednesday. The Securities and Exchange Commission (SEC) says it […]
NGX Group Applauds German Government, DEG for Commitment to Sustainability … to Collaboration on Climate Action in Nigeria
Nigerian Exchange Group Plc (NGX Group) has lauded the German Government and its development finance institution, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), a subsidiary of KfW Bank, for their unwavering commitment to advancing impact investing in Nigeria. This comes as NGX Group looks to strengthen partnerships aimed at fostering sustainable […]
Stockbrokers Chart Pathway For $1trn Economy
Worried by the inclement operating environment in Nigeria, the Chartered Institute of Stockbrokers (CIS) is set to leverage its members’ strong financial background to identify strategies by which the Nigerian Federal Government can grow the economy to its $1.0 trillion target. Besides, the Institute’s plan to showcase innovative solutions […]