Equity market ends the week positive, gain ₦337.23 billion
By Kayode Ogunwale Trading activities on the floor of the Nigerian Exchange Limited (NGX) ended the session on a positive note, bringing the All-Share index up by to close at…
Capital market can act as a financing tool for PPP infrastructure projects – Yuguda
Kayode Ogunwale SEC DG Lamido Yuguda The Director-General, Securities and Exchange Commission (SEC) has stated that the Nigerian Capital Market has the capacity and well positioned to finance Public-Private Partnership…
NGX RegCo CEO Encourages Nigerian Banks to Embrace ESG for Global Competitiveness
Following Nigeria's commitment to adopt the International Sustainability Standards Board (ISSB) standards, Ms. Tinuade Awe, the Chief Executive Officer of NGX Regulation Limited (NGX RegCo), emphasized the importance of…
SEC: Banks growth hinges on firm regulatory framework
Kayode Ogunwale Securities and Exchange Commission (SEC) has said the remarkable growth witnessed in the Nigerian banking industry over the past decade is partly attributable to the capital market…
Bua Foods, Zenith Bank, GTCo drive market performance, as equities gain N412bn
Nigerian equities opened the week strong today as the benchmark index gained to close at 68, point. The market's performance was primarily driven by demand in Bua Foods (+), Zenith…
GTCO Reports N327.4bn Pre-tax Profit In H1
GTCo Guaranty Trust Holding Company (GTCO), has declared a pre-tax profit of billion in its audited results for the first half (H1) of 2023. The Holding Company consolidated and separate…
NGX proposes dollar-denominated bond, stock listings, issue warning
Timi Popoola, CEO NGX Ltd The Chief Executive Officer of Nigerian Exchange Ltd., Temi Popoola, has disclosed that the nation’s capital market was considering a dollar-denominated bond listings. Popoola…
UBA delays half year audited financial results
The board of United Bank for Africa (UBA) Plc has announced a delay in the release of its Half-Year (HY) financial results. This was disclosed in the company’s statement to…
Financial services stocks dominate NGX turnover by 58%
The Nigerian financial services sector played a significant role in boosting the trade volume and value of equities on the floor of Nigerian Exchange Limited (NGX) despite global and local…
Uwaleke appointed as Special Adviser To Chairman Senate Committee On Capital Market
Prof. Uwaleke The Chairman of Senate Committee on Capital Market & Institutions, Sen. Osita Izunaso, has appointed a former Imo State Commissioner for Finance, Prof. Uche Uwaleke of Nasarawa State…