Archives for CAPITAL MARKET - Page 28
MTN to boost stock market liquidity by N375bn
The move by the MTN Group to offer 14 per cent of its per cent shares in MTN Nigeria to Nigerians will boost its stock market liquidity by N375bn, analysis…
SEC Approves 7 NGX’s Derivatives Contracts
Nigerian Exchange Limited (NGX or The Exchange) has announced that it has received approval for seven derivatives contracts from the Securities and Exchange Commission (SEC) on Monday, 28 June 2021.…
NGX Rebrands Market Indices
Nigerian Exchange Limited (NGX) has announced the rebranding of all its existing indices by changing the prefix from NSE to NGX. The transition, which is effective Monday, 28 June 2021,…
SAHCO assures shareholders of enhanced performance
… As shareholders approve kobo dividend for 2020 L-R: Barr. Chike Ogeah, Vice Chairman, Skyway Aviation Handling Company (SAHCO) PLC; Basil Agboarumi, MD/CEO, SAHCO PLC; Dr (Barr.) Taiwo Afolabi MON,…
CSCS recognized for promoting wellbeing of people with intellectual disabilities
L-R: Mr. Haruna Jalo-Waziri, Managing Director/Chief Executive Officer of Central Securities Clearing System Plc receiving the Golisano Health Leadership Award 2020 from Mr. John Momoh. Central Securities Clearing System (CSCS)…
NG Clearing Limited becomes Nigeria’s Premier Central Counterparty
Lagos, Nigeria – June 15, 2021 - Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC) has granted NG Clearing Limited (NG Clearing) registration to perform the function…
FMDQ Exchange Admits Mixta Real Estate Series 36 Commercial Paper
FMDQ logo Press Release: The Nigerian commercial paper (CP) market continues to demonstrate resilience and consistency in providing succour to corporates across diverse sectors by offering a viable platform for…
FX Trades Double as CBN, FMDQ collaborate on trading, reporting of FX Transactions
FMDQ logo By Ngozi Onyeakusi--- The Central Bank of Nigeria (CBN) has displayed its commitment towards the development of the foreign exchange (FX) market and indeed, the Nigerian financial market,…
UK firms urge FG to provide more forex
United Kingdom companies operating in Nigeria have urged the Federal Government to provide more foreign exchange to enable their businesses to thrive. The call was made at an interactive session…
Eterna set to rake in 64.48% higher profit for Q3 2021 over Q2 forecast
Eterna Plc, a Nigerian firm which manufactures and sells a range of lubricants and petroleum products as well as supplies imported fuels for the retail, industrial, agricultural released its…