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 […]
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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 […]
GTCO: CBN Responds to attempts to misinform the banking public and reasserts its role as Apex banking authority
In a strong support for GTCO and move to debunk false allegations being levelled against the GTCO and its Executive Management by faceless and unqualified entities using the media, the Central Bank of Nigeria (CBN), issued a Press Release today reassuring the public that their deposits with Nigerian Banks are […]
SEC, NGX, JSE Strengthen Ties To Boost African Capital Markets
The Nigerian Securities and Exchange Commission (SEC), the Nigerian Exchange Group (NGX), and the Johannesburg Stock Exchange (JSE) have formed a strategic partnership focused on governance, market development, and sustainability initiatives. In a statement shared with Business Nexus, it was announced that a delegation from NGX Group Plc, led […]
400 investment professionals walk for sustainability in Lagos
L-R: Akinbola Akintola of Pension Fund Operators Association of Nigeria (PenOp): Yemi Ajagun; Executive Director and Chief Operating Officer, CFA Society Nigeria,; Oludare Moses-Adenkan; Chief Operating Officer, Fund Managers Association of Nigeria (FMAN), Olumuyiwa Adeyemi; Council Member, Association of Securities Dealing Houses of Nigeria (ASHON), Babatunde Adewolu […]
CSCS Appoints Bola Adesola, Aisha Muhammed-Oyebode as Directors
Central Securities Clearing System (CSCS) Plc, Nigeria’s Central Securities Depository (CSD) has announced the appointment of Bola Adesola and Aisha Muhammed-Oyebode to its Board of Directors. This was contained in the company’s statement. According to the company, the appointments reflect CSCS’s commitment to strengthening its leadership with highly […]
FMN To Buy Out Minority Shareholders After Regulatory Approval
Flour Mills of Nigeria Plc (FMN), one of Nigeria’s largest food and agro-allied companies, has announced plans to acquire all shares held by its minority shareholders following the receipt of necessary regulatory approvals. In a statement issued to the Nigerian Exchange Limited (NGX), the company disclosed that its majority […]
CBN’s Latest Rate Hike to Strain Businesses and Impact Market Sentiment, Experts Warn
Several financial analysts have voiced concerns regarding the Central Bank of Nigeria’s (CBN) recent decision to raise the Monetary Policy Rate (MPR) by 50 basis points, despite emerging signs of economic improvement. In an interview, the analysts warned that this rate hike could elevate borrowing costs, create additional pressure on […]
Access Bank’s Contributions in Africa’s Transition to a Low Carbon Economy
Africa is facing a growing challenge of managing its waste and natural resources in a sustainable way. The current traditional linear economic model, characterized by a “take, make, dispose” pattern that is extracting, consuming, and disposing of materials, is inefficient, wasteful, and harmful to the environment and human health. According […]