Ellah Lakes Plc., Nigeria’s pioneer integrated agro-industrial company, has expressed optimism that its acquisition of 100 per cent shareholding of Agro-Allied Resources & Processing Nigeria Ltd. (ARPN) will strengthen its footprint in the agro-industrial sector. The Deputy Managing Director of Ellah Lakes Plc., Mr Paul Farrer, expressed the hope […]
Category: Capital Market
Capital Market
Ecobank, Proparco Sign €10m Trade Finance Guarantee to Boost African SMEs
The Ecobank Group and Proparco, the private sector arm of the French Development Agency (AFD Group), have signed a €10m trade finance guarantee facility to support small and medium-sized enterprises (SMEs) in Africa. The agreement, signed on the sidelines of the Africa Financial Industry Summit (AFIS) 2025, marks […]
Shettima, Economic Stakeholders Urge Africa to Leverage Islamic Finance for Inclusive, Sustainable Development
Vice President Kashim Shettima and other economic Stakeholders have called on African nations to deepen the adoption of Islamic finance as a tool for inclusive and sustainable economic transformation across the continent. Represented by Dr. Tope Fasua, Special Adviser to the President on Economic Matters, Shettima made the […]
Owoturo tasks registrars on innovation, trust to boost capital market
The outgoing President and Chairman of Council of the Institute of Capital Market Registrars (ICMR), Mr Oluseyi Owoturo, has tasked registrars on innovation and efficiency in service delivery to strengthen trust and deepen investors participation in Nigeria’s capital market. He said this at the 14th Annual Conference and Presidential […]
Experts harp on transportation infrastructure framework at ISAN conference
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 […]
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 […]