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…
FBN Holdings shareholders approve N14bn dividend …endorses Oyedeji as new GMD
Kayode Ogunwale The 12th Annual General Meeting of FBN Holdings Plc took place this Thursday. picture at the end of the Virtual meeting from L- R FBNHoldings Executives, Oyewale Ariyibi,…
FBN Holdings raises N150bn to support recapitalisation
The Group Managing Director, FBN Holdings, Nnamdi Okonkwo, yesterday revealed that the Nigeria’s premier banking group plans to attain a N730 billion capital base by the first quarter of (Q1)…
Oando Rebounds with N60.3 Billion Profit in 2023
By Kayode Ogunwale Oando PLC reported a profit after tax of billion in its audited financials for the full year ended 2023, a substantial improvement from its 2022 financial…
Access Holdings’ Total Assets Grows to ₦41.1 Trillion in Q3 …Gross Revenue Hits ₦3.4 Trillion
By Kayode Ogunwale Access Holdings Plc has announced its unaudited results for the third quarter ended September 30, 2024. The financial results highlight the group’s continued growth momentum, emphasising resilience…