Low number of investors in the market unacceptable – Kwairanga
The Chairman of the Nigerian Exchange Group Plc, Alhaji (Dr) Umaru Kwairanga, has said the number of investors in the Nigerian capital market was unacceptable given the population of the…
FMDQ harps on technology for commercial paper applications
FMDQ Group FMDQ Exchange says it has adopted technology in the process of Commercial Paper (CP) application, stressing that the value of market currently stands at an estimated N3 trillion.…
Recapitalisation: SEC tasks banks on corporate governance
Director General of the SEC, Dr. Emomotimi Agama The Securities and Exchange Commission ( SEC) has urged banks to strengthen their corporate governance principles and risk management framework to…
Expert advocates deployment of IT, BVN to fasttrack offer verification
From left; Group CEO; Cowry Asset Management Limited; Mr. Johnson Chukwu; Group Chairman, NGX Group Plc; Alhaji, Dr. Umar Kwairanga, Chairman, Capital Market Correspondents Association of Nigeria (CAMCAN): Mrs. Chinyere…
Market Regulation: Senate Passes ISB 2024
In a major boost to the operations of the Securities and Exchange Commission and the Nigerian capital market, the Senate of the Federal Republic of Nigeria has passed the Investments…
Coronation Insurance Reports ₦2.2 Billion Profit, Charts Digital and Sustainable Future
Coronation Insurance Plc celebrated a remarkable financial turnaround at its 66th Annual General Meeting (AGM) in Lagos, announcing a profit before tax of ₦ billion for the financial year ending…
SEC to strengthen investment with fintech regulations
By Kayode Ogunwale The Securities and Exchange Commission has reaffirmed its commitment to safeguarding investors’ funds amid the growing prominence of fintech in Nigeria’s financial sector. This is according to…
Agama, Kwarianga, Chukwu, other financial experts for CAMCAN 2024 workshop
The Capital Market Correspondents Association of Nigeria (CAMCAN) has concluded arrangements for its 2024 annual workshop, a pivotal gathering aimed at fostering dialogue and proffering solutions to challenges facing the…
SEC warns investor on investing in Marino FX Limited
By Kayode Ogunwale The Securities and Exchange Commission (SEC) has warned investing public regarding Marino FX Limited, emphasising that the company is not a registered entity with the apex regulatory…
UBA to Raise N239.4bn through Rights Issue …Shareholders to receive one new share for five existing shares
By Kayode Ogunwale Tony Elumele, Chairman UBA United Bank for Africa (UBA) Plc, will raise billion through a Rights Issue of 6,839,884,274 ordinary shares of 50 kobo each at per…