Director General of the Securities and Exchange Commission Dr. Emomotimi Agama has charged Stockbrokers’s and other capital market stakeholders to harness the full potential of the capital market to drive the $1trn economy vision that will achieve a prosperous and sustainable future. Agama gave the charge at the 28th […]
Category: Financial Market
Financial Market
NAICOM Appoints Interim Management/Board For African Alliance Insurance
Following the dissolution of the African Alliance Insurance Plc’s former board and management team, the National Insurance Commission (NAICOM) has appointed an Interim Management Board (IMB) to oversee operations. This was contained in the African Alliance Insurance Plc’s notice to the Nigerian Exchange Limited seen by the WHISTLER. The IMB […]
FBN Holdings targets N730bn capital base by Q1, 25
The Group Managing Director, FBN Holdings Plc, Mr Nnamdi Okonkwo, has assured its shareholders that the company will attain a N730 billion capital base by the first quarter of 2025. Okonkwo gave the assurance at the the Group’s ‘Facts Behind the Rights Issue” presentation at the Nigerian Exchange in […]
SEC To Infuse Cybersecurity, AI, Others In Nigeria University Curriculum
In a bid to fostering a robust and comprehensive capital market education for Nigerian universities, the Securities and Exchange Commission has taken steps to better align the curriculum to include Cyber Security, Artificial Intelligence and advanced crypto among others in line with current market trends. Director General of the […]
VFD Group Posts 555% Growth In Nine Months PAT
VFD Group Plc reported, has announced its unaudited Financial Results for the period ended September 30, 2024. According to the company’s results sent to the Nigeria Exchange Limited (NGX) it’s total assets rose by 35 per cent year-to-date to N295.86bn in September 2024 compared to N219.28bnbn in December 2023. […]
Access Bank launches ‘Power of 100 Africa’ to celebrate women leaders
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, […]
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 […]