Archives for CAPITAL MARKET - Page 35
AXA Mansard Insurance GWP Records N47.5bn
By Ngozi Onyeakusi------ AXA Mansard Insurance Plc, a major player in Nigeria’s insurance industry has released its and subsidiary companies’ unaudited financial statements for 31…
NEM Insurance Posts 347% in PAT to N2.967bn in 2020 Q4
By Ngozi Onyeakusi------ NEM Insurance Plc, player in the insurance sector has released its interim financial statement for the fourth quarter (Q4) ended December 31, 2020 with its…
Sovereign Trust Insurance PAT Soars by 48% to N746.294m in 2020
MD/CEO STI Sovereign Trust Insurance Plc, a leading insurance firm in Nigeria has released its unaudited financial statements for the period ended December 31, 2020 with its profit…
SEC Nigeria Unveils New Rules, Amendments On Collective Investment Scheme
The Securities and Exchange Commission (SEC) has released general rules for Collective Investment Schemes prescribing that all units/securities of a collective investment scheme shall be registered by…
Ecobank Group Posts N10.2trn total assets for 2020
By Ngozi Onyeakusi ------Ecobank Group has recorded a revenue of over N630 billion for the year ended December 31, 2020. This represents a 7% growth when compared to…
Nigeria Mortgage Refinance Company Lists ₦10.00 billion Fixed Rate Bond on FMDQ Exchange
By Ngozi Onyeakusi------FMDQ Securities Exchange Limited (FMDQ) following the due diligence of its Board Listings and Markets Committee has approved the Listing of the Nigerian Mortgage Refinance Company PLC…
Flour Mills Joins Other Corporates to Float Bond on FMDQ Exchange Platform in 2021
Coming shortly on the heels of the recent Commercial Paper (CP) Issuances by Total Nigeria PLC, Valency Agro Nig. Ltd. and Mixta Real Estate PLC, FMDQ Securities Exchange…
NG Clearing Ltd Acquires Clearing, Settlement Technology
By Ngozi Onyeakusi---- Following the receipt of an approval in principle from the Securities and Exchange Commission (SEC) in September 2020, to clear and settle exchange traded derivatives instruments, Nigeria’s…
FMDQ Kicks Off 2021 with Admission of CPs for Total Nigeria PLC, Valency Agro Nig. Ltd., Mixta Real Estate PLC
The new year 2021 arrived with renewed hopes for the continued development of the Nigerian financial markets as corporates have already commenced with planning towards the achievement of their strategic…
NSE Revolutionises Public Offerings Subscription with Electronic Platform
Onyema By Ngozi Onyeakusi---- The Nigerian Stock Exchange (NSE) announced the launch of X-PO, an online platform for the subscription of public offerings (POs) on Friday, December 18, 2020, following…