Group CEO of Nigerian Exchange Group Plc (NGX Group), Temi Popoola reiterated the transformative potential of Africa’s capital markets at the launch of the Ethiopian Securities Exchange (ESX). Speaking at the event, Popoola emphasized the need for stronger regional collaboration, government-private sector synergy, and innovative market solutions to unlock […]
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FG Expresses Commitment to Building Strong, Vibrant Capital Market
The Federal Government has reiterated its commitment to strengthening the capital market to promote wealth creation for Nigerians and support national development. The Minister of State for Finance, Dr. Doris Uzoka-Anite stated this during a meeting with members of the board of the Securities and Exchange Commission in Abuja, over […]
BudgIT Raises Concern Over Irregularities in 2025 FG Proposed Budget, Calls for Prudent, Patriotic, and Inclusive Review by National Assembly
BudgIT, a civic-tech organisation promoting transparency, accountability, and effective service delivery in Nigeria, has observed certain legacy issues with the 2025 Federal Government Proposed Budget and calls on the National Assembly to proactively address the irregularities, exercise its “Powers of the Purse” responsibly, allow robust public participation in the budget […]
GTCO PLC Raises ₦209 Billion in Equity Capital, Paves Way for Strategic Growth
Guaranty Trust Holding Company Plc (GTCO) has announced the successful completion of the first tranche of its equity capital raise programme, securing N209.41bn. The milestone follows the approval of the Basis of Allotment by the Securities and Exchange Commission (SEC) and the conclusion of a capital verification exercise by […]
Air Peace, ADINA Summit Partners to Strengthen African Trade and Diaspora Connections
Air Peace, Nigeria’s leading airline, recently solidified its commitment to fostering stronger ties between Africa and its global diaspora through its strategic partnership with the Africa Diaspora Investment Network Alliance (ADINA) Summit 2024. The event, held on December 27, 2024, at the prestigious Kempinski Gold Coast City Hotel in Accra, […]
2025: SEC to Intensify Crackdown on Ponzi Schemes …. Develop Commodities Market
The Securities and Exchange Commission (SEC) has emphasised that protecting investors remains a cornerstone of its mission assuring that the Commission will intensify efforts to stamp out Ponzi and pyramid schemes while paving the way for legitimate investment opportunities to thrive in 2025. Director General of the SEC, Dr. Emomotimi […]
NGX Bucks 2015 to 2019 Trend, Thrives in Roaring 20s … ASI closes 2024 at +37.65%
Nigerian Exchange Limited (NGX) has marked a remarkable turnaround, breaking away from the poor performance of the 2015–2019 period to thrive in the 2020s. Following the oil price crash in 2015 and the ensuing recession in 2016, the 2020s have ushered in a period of unprecedented growth for Nigeria’s stock […]
Polaris Bank, Partners Support 16,000 Students To Reduce Out-Of-School Children In Nigeria
Polaris Bank, in partnership with key stakeholders, has reaffirmed its commitment to combating the alarming rate of out-of-school children in Nigeria. Through its targeted interventions, the Bank has ensured continuous education for over 15,000 students, providing them with the opportunity to learn, thrive, and contribute to a better future. […]
FCMB Group Completes Public Offer, Raises N147.51bn with 33% oversubscription.
FCMB Group Plc has announced the successful completion of its public offer, following the approvals of the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (S. The Group noted that the offer was oversubscribed by 33 per cent, attracting 42,800 investors with 92 per cent subscribing […]
Access Bank Hosts President Steinmeier, Commits to Strengthening German-Nigerian Trade Relations
Access Bank Plc last week welcomed the President of the Federal Republic of Germany, Frank-Walter Steinmeier, during his first official visit to Nigeria, underscoring the growing importance of German-Nigerian economic ties. Accompanied by a delegation of German business leaders and representatives, President Steinmeier’s visit highlights Access Bank’s pivotal role in […]