Expert anticipates shift towards equities in 2025 …Predicts 39% increase for 2025
By Kayode Ogunwale Mr Olatunde Amolegbe, the Managing Director of Arthur Steven Asset Management Limited (ASAM) and a former President of the Chartered Institute of Stockbrokers has expressed a strong…
Seplat Energy Named AfriSAFE Energy Company of the Year
By Kayode Ogunwale Nigeria’s leading indigenous energy company, Seplat Energy Plc, has been named the Africa Safety Award for Excellence (AfriSAFE) Energy Company of the Year by the organisers of…
CIS Increased To Over N3trn in 2024, says SEC
By Kayode Ogunwale The Securities and Exchange Commission (SEC) on Wednesday disclosed that its Collective Investment Schemes increased to over N3 trillion in 2024. The Director General of the SEC,…
Wema Bank to raise Fresh N200bn for Recapitalization
By Kayode Ogunwale Wema Bank Plc has announced its intention to raise additional capital to complete a significant capital raise. The bank intends to achieve this through a strategic combination…
Listing of infrastructure companies will boost economic recovery
By Kayode Ogunwale Listing infrastructure companies on the Nigerian Exchange Limited (NGX) has been highlighted as a significant catalyst for promoting economic growth in Nigeria. During an event titled “Outlook…
Depot price hike: Marketers jostle to join Ardova, Heyden in Dangote Refinery bulk-purchase incentives … for competitive pump price
By Kayode Ogunwale Dangote Refinery Attracted by the bulk-purchase agreement incentives being offered by the Dangote Petroleum Refinery, more oil marketers in the country are jostling to be listed as…
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.…
Nigeria plans telecoms tariff increase
The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani has said that telecoms tariffs will soon increase but not by 100 per cent. Rising from a stakeholders meeting…
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…
First Bank confident of steady economic growth for Nigeria in 2025 …Fuel subsidies removal after almost 40 years qualifies 2024 as miracle year
By Kayode Ogunwale First Bank of Nigeria Ltd. Has described 2024 as a year of miracles and leading to a rebirth for positive economic growth outlook for 2025. Mr…