Archives for CAPITAL MARKET - Page 13
Dangote Cement, FBNHoldings, others Lift Equity Market by N53bn
Olusegun AlebiosuMD/CEO FirstBank The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty…
NGX weekly: Investors gain N1.137trn as Wema, FBN, Universal lead
Olusegun AlebiosuMD/CEO FirstBank The Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by per cent each, to close the week at 105, and trillion respectively. Theses are against…
Temi Popoola Charts Pan-African Market Vision at Ethiopian Securities Exchange Launch
BY NGOZI ONYEAKUSI Temi Popoola, Group CEO of Nigerian Exchange Group Plc (NGX Group), reiterated the transformative potential of Africa’s capital markets at the launch of the Ethiopian Securities Exchange…
SEC plans improved rules for borrowing by govts, corpÂ
The Securities and Exchange Commission (SEC) has announced plans to enhance the rules and regulations around borrowing for both the government and businesses. A statement from the SEC said Dr.…
SEC Vows to Crackdown on Ponzi SchemesÂ
The Securities and Exchange Commission (SEC) has emphasised that protecting investors remains a cornerstone of its mission assuring that the commission will intensify efforts to stamp out Ponzi and pyramid schemes while…
Ardova Partners Dangote Refinery On Bulk Purchase FrameworkÂ
BY NGOZI ONYEAKUSI In a bid to guarantee supply security at affordable prices for its customers, Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses has agreed…
Ardova Commits To Boost Production Through Innovations
BY NGOZI ONYEAKUSI Ardova Plc has reiterated its commitment to boost production in the Energy Sector through various innovations. Speaking at an interactive session with Journalists in Lagos as part…
Agama: Vibrant Capital Market Key to $1trn Economy AchievementÂ
SEC DG Agama The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, yesterday stressed the need for a vibrant capital market in achieving the federal government’s $1…
NGX Chairman slams low investor numbers, pushes for technology integrationÂ
The Chairman of the Nigerian Exchange Group Plc, Dr Umaru Kwairanga, has expressed concerns over the low number of investors in Nigeria’s capital market, describing it as a major issue given…
Recapitalisation: Shareholders raise concern over share reconstruction
BY NGOZI ONYEAKUSI Shareholders under the aegis of the Independent Shareholders Association of Nigeria (ISAN) have expressed fear over possibility of share reconstruction by some banks after successful capital raising…
