Unity Bank Posts N59.3B in Gross Earnings, Grows Deposits by 23% in 2023 FY
Retail lender, Unity Bank Plc posted gross earnings of billion for the full year ended December 31, 2023, representing a growth of year-on-year. In its audited financials submitted to the…
We Have Reduced Timelines to Speed up Growth – SEC DG
Director General of the SEC, Dr. Emomotimi Agama The Securities and Exchange Commission (SEC) has said the Commission has reduced time to market in its bid to ensure that…
Strong Financial Performance: Oando Announces N65.5Billion Profit-After-Tax in FY 2024 Results
Oando PLC, Africa’s leading integrated energy company listed on both the Nigerian Exchange Grpup (NGX) and Johannesburg Stock Exchange (JSE), announced a strong financial performance for the Full Year (FY)…
EFCC, NGX RegCo to Strengthen Partnership on Market Integrity
By Kayode Ogunwale NGX Regulation Limited (NGX RegCo), the independent regulation subsidiary of Nigerian Exchange Group, and the Economic and Financial Crimes Commission (EFCC) have called for enhanced partnership to…
Reps Express Concerns Over N255.4m Severance Payments To Two Former SEC Commissioners …Demand Refund of N93m Paid To Sigma, Premium, Stanbic IBTC
The Public Accounts Committee of the House of Representatives has expressed strong disapproval over N255,426, severance payments made to two former executive commissioners by the Securities and Exchange Commission (SEC).…
Mid-Level Investors Boost Liquidity in Nigerian Capital Market – Amolegbe
By Kayode Ogunwale Managing Director and Chief Executive Officer of Arthur Stevens Asset Management Limited, Olatunde Amolegbe has highlighted the growing presence of mid-level investors in the Nigerian capital market,…
Do not Invest in Risevest, Stecs Cooperative Societies, SEC Warns
The Securities and Exchange Commission (SEC) has issued a warning to the public, advising against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative Multipurpose Society Limited and Stecs…
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…
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,…
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…