Nonso Okpala Joins CSCS Board
Central Securities Clearing System Plc (CSCS), Nigeria's premier Financial Market Infrastructure company, has appointed Nonso Okpala, Group Managing Director/CEO of VFD Group, into its Board. Nonso Okpala, who currently serves…
Access Holdings to secure $1.5bn, N365bn of capital through bonds and rights issues
Kayode Ogunwale Access Holding Plc, the holding company of Nigeria’s biggest lender, Access Bank, is seeking shareholders’ approval to launch a capital raising program. The program aims to raise…
VFD Group is considering SplitXchange as an alternative finance option for the creative industry.
L-R, Vice Chairman, Capital Market Correspondents Association of Nigeria (CAMCAN), Friday Ekeoba; Managing Director of Splitar Limited, Folagbade Adeyemi; Chairman CAMCAN, Chinyere Joel-Nwokeoma; and Head Marketing & Corporate Communications of…
Foreign investor’s participation in stock market drops to 8.15% as inflows fall to N16bn in January
Kayode Ogunwale Foreign portfolio investor’s participation in the Nigerian Exchange (NGX) has dropped to percent in January 2024, a decline compared to percent and percent record in the previous…
NGX Group records N5.2b Profit, N1.5b dividend for 2023
Kayode Ogunwale Nigerian Exchange Group Plc has announced its full-year Audited Financial Statements for the year ended 31 December 2023, with a profit after tax of billion and a declaration…
Transcorp Power gain 10% on listing day, targets N500bn revenue by 2031
Kayode Ogunwale Nigerian Exchange Limited on Monday, 4 March 2024 admitted 75 billion shares of Transcorp Power Plc at N240 per share to its Main Board. The leading power generation…
Nestle increases revenue by over N100 billion, reaching N547 billion versus 2022
Nestlé Nigeria PLC has announced an increment of over N100 billion in revenue in its full-year financial results for 2023. Its operating profit jumped by percent, reaching billion, while profit…
Access Holdings Names Bolaji Agbede as Acting CEO
Access Holdings Plc has announced the appointment of Ms. Bolaji Agbede as Acting Group Chief Executive Officer following the death of its Group Chief Executive Officer, Herbert Wigwe, in a…
Senate assures SEC, NGX on capital market-driven reforms
Temi Popoola, CEO of NGX Ltd The Chairman, of the Senate Committee on Capital Markets and Institutions, Osita Izunaso has assured the commitment of the Senate to driving legislative reforms…