Experts at the 8th Triennial Conference of the Independent Shareholders Association of Nigeria (ISAN) in Lagos have stressed the urgent need for the government to implement a comprehensive policy framework aimed at accelerating the development of transportation infrastructure across the country. They emphasised that such an initiative is crucial […]
Category: Capital Market
Capital Market
Wema Bank Raises ₦50bn, Exceeds Capital Requirement
Wema Bank Plc has announced that it has received all requisite regulatory approvals for its ₦50bn Private Placement capital raise. This is in addition to the earlier ₦150bn Rights Issue that was completed in September 2025. The Bank now has a total of ₦264.87bn in qualifying capital, above the minimum […]
Nigeria’s $1trn economy takes centre stage at ISAN’s triennial conference
The Independent Shareholders Association of Nigeria (ISAN) has concluded arrangements for its eighth Triennial Delegates Conference on Oct. 30, 2025. The conference with the theme: “Nigeria, Towards $1 Trillion Economy by 2030,” will be chaired by the Minister of Finance and Coordinating Minister of Economy, Mr Wale Edun, as […]
SEC Moves to T+2 settlement cycle to Boost Market Efficiency, Investor Confidence
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has said that Nigeria’s transition to a T+2 settlement cycle in the capital market will significantly enhance market efficiency, reduce risks, and strengthen investor confidence. Speaking at a Trade Associations Roundtable on “Ensuring Stakeholder Readiness for T+2 Settlement” […]
Vertiv Partners Airtel Africa to Build 42MW Data Centre in Nigeria
Vertiv, a provider of critical digital infrastructure and continuity solutions, has announced an extended collaboration with Airtel Africa through its data centre division, Nxtra, to build a 42-megawatt (MW) high-capacity data centre in Nigeria, a project that marks the first phase of Nxtra’s broader expansion across Africa. […]
SEC Launches Revised University Curriculum on Securities, Investment Management …Says Financial Literacy Now a Survival Skill
The Securities and Exchange Commission (SEC) has unveiled the reviewed National Universities Commission (NUC) curriculum on Securities and Investment Management (SIM), describing financial literacy as a vital life skill and a survival tool in today’s rapidly evolving economy. Speaking at the formal handover of the revised curriculum in […]
SEC DG pushes for Capital Market integration to unlock West Africa’s growth
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged West African countries to accelerate the integration of their capital markets, describing it as the only way to mobilise the scale of investment needed to drive the region’s development. Speaking at the Experts Meeting […]
Shareholders Approve Providus, Unity Business Combination
The shareholders and Boards of Directors of Providus Bank and Unity Bank at a court-ordered Extraordinary General Meeting (EGM) on Friday gave approval to proceed with the business combination of the two financial institutions. In a statement made available to the press, Providus Bank and Unity Bank expressed appreciation […]
Ecobank Completes Mozambique Exit with FDH Bank Acquisition
Ecobank Transnational Incorporated (ETI) has announced the completion of the divestment of its Mozambique subsidiary, Ecobank Mozambique S.A., to FDH Bank Plc, marking the lender’s full exit from the southern African country. The transaction, which was first disclosed on August 5, 2025, received all necessary regulatory approvals before […]
Coronation Securities Limited Clinches Dual Recognition as Africa’s Premier Trading Platform …Brands Review Magazine and International Finance Awards honour Nigeria’s fastest-growing securities brokerage
Coronation Securities Limited has secured two prestigious industry accolades, cementing its position as Africa’s leading securities trading and brokerage platform. The firm received the Best Securities Trading and Brokerage – Africa 2025 award from Brands Review Magazine, whilst the International Finance Awards recognised it as the Fastest Growing Online Trading […]