The Security and Exchange Commission (SEC) has introduced a new requirement for inclusion in all prospectuses or offer documents issued to the general public. As the...
BusinessMetricsNG with wire report An Orange SA West African subsidiary is issuing debt on the regional market for the first time to take advantage of higher...
Trading in equities rounded off on Tuesday with lull on the floor of the Nigerian Stock Exchange (NSE) as participation slowed down by 15.7 per cent...
The Founder and Chairman of Dangote Group, Aliko Dangote, has asked shareholders to quickly lay hold to the sum of N3.39 billion unclaimed dividends. The business...
The Nigerian Stock Exchange has listed Dangote Cement Plc’s N100 billion, five years 12.50 per cent fixed rate series 1 senior unsecured bonds due 2025 under...
Sell-offs in telecommunication giant, MTN Nigeria (-1.7 per cent), BUA Cement (-1.8 per cent) and Zenith Bank (-2.7 per cent) dragged the All-Share Index by 91bps...
The Securities and Exchange Commission (SEC) has refuted the purported resignation of its acting Director General (DG), Ms Mary Uduk, from the commission. A statement issued...
AIICO Insurance Plc has submitted an application to the Nigerian Stock Exchange, seeking approval for some 4.3 billion ordinary shares of N0.50 each which it plans...
NASD OTC Securities Exchange has admitted NEWREST ASL Nigeria Plc on its trading platform. NEWREST ASL was introduced by APT Securities Limited on the 11th of...
Amidst profit-taking, the Nigerian equities market survived pressure to close in the green territory last week with 0.67 per cent rise in the All-Share Index (ASI)....
Nigeria’s oldest financial services group and holding company, FBN Holdings Plc, has won the 2020 best corporate governance in Nigeria award by the World Finance. World...
Unity Bank Plc, has declared gross earnings of N44.59 billion for its 2019 financial year, continuing a path to strong growth started in 2018 financial year...
The Debt Management Office (DMO) has announced the result of the third Sovereign Sukuk for which it offered N150 billion to investors. The Offer attracted a...
Investors at the Nigerian stock market went home on Wednesday with a collective loss of N62 billion as the All Share Index (ASI) nosedived by -0.47...
Financial services experts in Nigeria expect the volume of Nigerian Treasury Bills (NTBs) issuance to reduce in the short to medium term. This was unequivocally expressed...
Listed telecoms company, MTN Nigeria, has completed the issuance of its series I and II notes, under its N100 billion commercial paper debt programme. The company...
The Nigerian Senate has Wednesday confirmed Lamido Yuguda as the Director General of the Securities and Exchange Commission (SEC). The upper chamber of the National Assembly...
Domestic investors are responsible for the lion share of total transactions at the Nigerian Stock Exchange (NSE) following exodus of foreign investors from the market. According...
Huge cash transactions in the economy has continued to rise as currency in circulation rose to N2.35 trillion in May. This was despite coronavirus-induced lockdown and...
Investors realised N122 billion gain on stock assets on Monday as the open session of the week overturned earlier losses recorded in the market. This uptick...