CBN fines 9 banks N1.35bn for failing to dispense cash via ATMs
By Kayode Ogunwale The Central Bank of Nigeria (CBN) on Tuesday announced the imposition of a substantial sanction amounting to billion against nine Deposit Money Banks operating within the nation.…
Naira depreciates by 0.3% to N1,539.39 per dollar
The Naira recorded a slight loss at the official market on Wednesday, trading at N1, per dollar. Data from the Central Bank of Nigeria (CBN) showed that the Naira closed…
SEC commits to enhance framework for govt, corporate borrowing
By Kayode Ogunwale Director General of the SEC, Dr. Emomotimi Agama The Securities and Exchange Commission (SEC) has expressed its commitment to enhancing the regulatory framework for borrowing by…
GTCO PLC Completes Phase 1 Of Equity Capital Raise, Secures ₦209 Billion
By Kayode Ogunwale Guaranty Trust Holding Company Plc has announced the successful conclusion of the initial phase of its equity capital raise program. This milestone follows the completion of the…
2025: SEC to Intensify Crackdown on Ponzi Schemes …. Develop Commodities Market
Director General of the SEC, Dr. Emomotimi Agama The Securities and Exchange Commission (SEC) has emphasised that protecting investors remains a cornerstone of its mission assuring that the Commission…
NOVVA Media & Communications Wins LaPRIGA Award for Excellence in CSR
NOVVA Media & Communications, a leading public relations and communications agency, has been recognized for its outstanding work in Corporate Social Responsibility (CSR) storytelling at the prestigious LaPRIGA Awards. The…
Ardova Plc agrees Bulk Purchase Framework with Dangote Refinery
In a bid to guarantee supply security at affordable prices for its customers, Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses has agreed to a bulk…
Innovation Key to Commodities Development in Nigeria, says SEC DG
As Nigeria continues to diversify its economy, the Securities and Exchange Commission has said it is committed to promoting innovation, and fostering collaboration to position commodities exchanges as vital drivers…
Access HoldCo lauds NGX Invest over N351bn capital raise
The Chairman, Access Holding Company Plc, Mr Aigboje Aig-Imuokhuede, CFR, has commended the digital innovation efforts of the Nigerian Exchange Group following the successful N351bn Rights Issue completed to…
Petrol: MRS Slashes Petrol Price to N935/Litre Nationwide, Enforces compliance … Nigerians praise Dangote-MRS partnership
By Kayode Ogunwale MRS Oil MRS Oil Nigeria Plc has implemented a new petrol price of N935 per litre across all its retail service stations nationwide. This follows an announcement…