Archives for CAPITAL MARKET - Page 45
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…
Abbey Mortgage Bank signs N3.6bn Rights Issue
By Ngozi Onyeakusi----December 14, 2020 was another historic milestone in the lifecycle of Abbey with the signing ceremony of Rights Issue of N3,692,307,692. The event had the Managing Director/CEO of…
Debt capital panacea for Nigeria’s infrastructure deficit- Olabinjo
Budgetary allocations will not solve Nigeria's infrastructure needs- Olabinjo The Managing Director/ Chief Executive Officer, Skystone Capital & Investment Ltd., Mr Ola Olabinjo, has identified debt capital financing as the…
Stakeholders proffer leeway for post COVID-19 Nigerian economy
L-RProf. Uche Uwaleke financial economist and a professor of capital market at the Nasarawa State University Keffi;Mr Oluwole Adeosun CEO Chartwell Securities and Vice President CIS;Mr Seyi Owotoro, President ICMR;…
SEC seeks more listings, products in capital market
The Securities and Exchange Commission (SEC) is exploring various avenues to bring more companies to list on the capital market and to increase the number of products in the market.…
