SEC Reiterates Commitment to Commodities Ecosystem Development
R-L: Deputy Group Managing Director United Bank for Africa (UBA) Mr. Muyiwa Akinyemi; National Chairman Finance Correspondents Association of Nigeria (FICAN) Mr. Chima Nwokoji, Director Lagos Zonal Office, Securities and…
NGX Group Releases Dividend Policy
Nigerian Exchange Group (NGX Group) Plc has released its dividend policy in ensuring that shareholders received returns on their investments. The policy document which was approved by the Group’s Board…
CSCS Nigeria join ISSA’s Board and appoints CEO Haruna Jalo-Waziri as Board member
ISSA is delighted to announce that Central Securities Clearing System plc (CSCS), Nigeria, has become a member organisation of the Board of Directors of ISSA, effective September 2022. Haruna…
SEC Harps On Crowdfunding Benefits
The Securities and Exchange Commission (SEC) has said that the operationalization of Crowdfunding will accelerate the Financial Inclusion agenda in Nigeria while increasing the quantum of investible funds by unlocking the…
FMDQ Exchange Approves ₦30.00 billion Commercial Paper Programme to Boost Agriculture
Access to capital remains a top priority for corporates, as capital is required to fund business expenditure, expansion aspirations and/or existing debt obligations, and the debt markets fulfil this funding…
FMDQ Exchange Admits the Accelerex SPV PLC Bond on its Platform
FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange”), Nigeria’s largest securities exchange by market turnover, continues to be the preferred destination for issuers seeking to raise capital via the…
FMDQ Exchange Approves the Registration of the Infinity Microfinance Bank ₦5.00bn Commercial Paper Programme on its Platform
Having successfully met the FMDQ Exchange Commercial Paper (“CP”) Quotation requirements and following the subsequent approval of the Board Listings and Markets Committee of FMDQ Securities Exchange Limited (“FMDQ Exchange”…
Zenith Bank reports N405bn gross earnings in H1 2022 …Recommends 30 kobo Dividend
By Kayode Ogunwale Zenith Bank Plc grew its gross earnings by 17 per cent from N346bn in the first half of 2021 financial period to N405bn in the corresponding period…
Half Year: Dangote Sugar posts N29:73 billion profit
L-R: Tony Ibeziako, Head, Domestic Primary Markets, The Nigerian Stock Exchange (NSE); Haruna Jalo-Waziri, Executive Director, Capital Markets Division, NSE; Engr. Abdullahi Sule, Ag. Group Managing Director, Dangote Sugar Plc…
Half Year: Dangote Sugar posts N29:73 bn profit
Nigeria’s largest sugar refinery, Dangote Sugar Refinery Plc has recorded a profit before tax (PBT) of billion for the half year ended June 30, 2022. According to the refiner’s unaudited…