Aradel Holdings Plc, an integrated energy company, listed 4.34 billion shares on Nigerian Exchange Limited (NGX) Main Board. The shares listed at N702.69 per share through a “Listing by Introduction,” boosted the market capitalization of NGX by N3.05trn, marking a significant milestone in the oil and gas sector’s participation […]
Category: Popular
Most Popular
Rising Fuel Prices Above N1,000 Per Litre Could Reverse Nigeria’s Inflation Gains- Chukwu
The Managing Director of Cowry Asset Management Limited, Mr. Johnson Chukwu, has highlighted concerns over Nigeria’s inflation outlook, despite a recent decline in the inflation rate to 32.19 per cent in August 2024. Speaking at a third-quarter webinar on Nigeria’s economic landscape, Chukwu attributed the drop in inflation to […]
Africa’s Abundant Gas Reserves Offer Immediate Solutions To Prevailing Problems – Seplat CEO
Africa has abundant gas reserves, and these rich reserves offer immediate solutions to the continent’s immediate and prevailing challenges if well leveraged. The Chief Executive Officer, Seplat energy Plc, Mr. Roger Brown, said this during the ongoing Africa Oil Week (AOW) Conference and Exhibition in Cape Town, South Africa. […]
WIW: SEC targets investor education, digital finance
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 […]
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 […]
GM To Reassure Investors On EV Demand, Project Profit Growth By 2025
General Motors (GM) will reassure investors during its upcoming investor day that concerns over slowing demand for electric vehicles (EVs) are overstated, and the U.S. automaker remains optimistic about the potential for improved profitability by 2025, according to sources familiar with the company’s plans. This message marks a notable […]
Oando Links Delay In Completion Of 2023 Financial Audit To Acquisition of NAOC
Oando Plc has attributed the further delay in the completion of its 2023 financial audit to the recent acquisition of Nigerian Agip Oil Company (NAOC) which was completed on August 22, 2024. According the notice to the Nigerian Exchange Limited, the company noted that the auditors are required to […]
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 […]