Forex rate affecting startup’s investment – Digital expert investment
L-R: Mr Emeka Awagu, Chief Technology Officer, Hydrogen and Mr Ina Alogwu, Group Director, Digital Transformation, Asset & Resource Management Holding Company (ARM HoldCo) during The Catalyst, startups programme in…
NGX Group Announces Strategic Investment in Ethiopian Securities Exchange
Nigerian Exchange Group Plc (NGX Group) has announced a significant investment in the Ethiopian Securities Exchange (ESX). NGX Group is among the top institutional investors that have injected capital into…
Nonso Okpala Joins CSCS Board
Central Securities Clearing System Plc (CSCS), Nigeria's premier Financial Market Infrastructure company, has appointed Nonso Okpala, Group Managing Director/CEO of VFD Group, into its Board. Nonso Okpala, who currently serves…
Access Holdings to secure $1.5bn, N365bn of capital through bonds and rights issues
Kayode Ogunwale Access Holding Plc, the holding company of Nigeria’s biggest lender, Access Bank, is seeking shareholders’ approval to launch a capital raising program. The program aims to raise…
VFD Group is considering SplitXchange as an alternative finance option for the creative industry.
L-R, Vice Chairman, Capital Market Correspondents Association of Nigeria (CAMCAN), Friday Ekeoba; Managing Director of Splitar Limited, Folagbade Adeyemi; Chairman CAMCAN, Chinyere Joel-Nwokeoma; and Head Marketing & Corporate Communications of…
Foreign investor’s participation in stock market drops to 8.15% as inflows fall to N16bn in January
Kayode Ogunwale Foreign portfolio investor’s participation in the Nigerian Exchange (NGX) has dropped to percent in January 2024, a decline compared to percent and percent record in the previous…
NGX Group records N5.2b Profit, N1.5b dividend for 2023
Kayode Ogunwale Nigerian Exchange Group Plc has announced its full-year Audited Financial Statements for the year ended 31 December 2023, with a profit after tax of billion and a declaration…
Transcorp Power gain 10% on listing day, targets N500bn revenue by 2031
Kayode Ogunwale Nigerian Exchange Limited on Monday, 4 March 2024 admitted 75 billion shares of Transcorp Power Plc at N240 per share to its Main Board. The leading power generation…
Nestle increases revenue by over N100 billion, reaching N547 billion versus 2022
Nestlé Nigeria PLC has announced an increment of over N100 billion in revenue in its full-year financial results for 2023. Its operating profit jumped by percent, reaching billion, while profit…