The Securities and Exchange Commission (SEC) has said that all the Capital Market Operators (CMOs) must state compliance level and ensure all tradable instruments are registered in line with the Investments and Securities Act (ISA) 2025 latest January 2026. The Director-General of SEC, Dr Emomotimi Agama, disclosed this at […]
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Universal Insurance grows profit by 388% in 9 months
Universal Insurance Plc has recorded significant growth in profitability and improved financial position for nine months ended Sept. 30, 2025. The insurer during the period under review posted a profit after tax of N1.13 billion compared with N230.6 million recorded in the comparative period of 2024, an increase of […]
FG Backs Non-Interest Mortgage System To Open Homeownership For Nigerians
The Federal Government has thrown its weight behind a new initiative designed to expand access to affordable housing, as the Securities and Exchange Commission (SEC) and the Federal Mortgage Bank of Nigeria (FMBN) announced a strategic partnership to develop a comprehensive Non-Interest Mortgage (NIM) framework. The effort aims […]
FG Assures Investors Of Consultative Capital Gains Tax Policy As NGX Lists MREIF
The Federal Government has assured investors that the proposed Capital Gains Tax (CGT) policy will be implemented through continuous consultation with market stakeholders to achieve balanced outcomes that support fiscal objectives without undermining investor confidence. Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, gave […]
Ellah Lakes unveils ₦235bn offer to accelerate growth, expansion drive
Ellah Lakes Plc, Nigeria’s pioneering integrated agro-industrial company, on Monday unveiled its ₦235 billion Offer for Subscription as part of its next phase of strategic growth and capital expansion. The company unveiled the offer during its comprehensive “Facts Behind the Offer” presentation at the Nigerian Exchange Limited (NGX). The […]
FMDQ Group celebrates market excellence at 8th Annual GOLD Awards
The FMDQ Group Plc has commemorated the 8th edition of its prestigious GOLD Awards, continuing its long-standing tradition of celebrating excellence in the Nigerian financial. The FMDQ GOLD Awards are designed to acknowledge, on an annual basis, market participants instrumental in fostering the growth and development of FMDQ’s markets. The […]
Ellah Lakes to expand agro-industrial footprint with acquisition, N235bn offer
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 […]
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 […]