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Capital Market

SEC Moves to Checkmate Demand for Foreign Stocks

  Nigerian investors’ patronage for foreign stocks surges, the Securities and Exchange Commission, SEC, has announced a tighter regulatory oversight of local brokers aimed at...

Sterling Bank gets shareholders’ commendation on 2020 Performance

    Shareholders of Sterling Bank Plc have commended the board and management of the bank for the remarkable display of resilience, improved performance and returns...

Stanbic IBTC Reports N83bn Profit in 2020, Holds AGM May 27

  In its audited financial statements for the period ended 31 December 2020, Stanbic IBTC achieved a pre-tax profit of N94.7 billion while the profit after...

Shareholders approve Union Bank’s 25 kobo dividend

    The Shareholders of Union Bank of Nigeria Plc have approved the recommended dividend of 25 kobo per 50 kobo ordinary share for the 2020...

Oando’s AGM suspension: Litigation still ongoing, says SEC

  The Securities and Exchange Commission has said the court cases instituted by Oando Plc challenging the directives in the commission are still ongoing. It enjoined...

GX Promotes Capacity Building for Trainee Clerks across Asset Classes  

  Nigerian Exchange (NGX) Limited has kicked off its first Automated Trading System (ATS) Certificate Training for stockbrokers in 2021 with a focus on capacity...

Shareholders Applaud FCMB, Approve Dividend of N2.97bn at AGM

    Shareholders of FCMB Group Plc (www.fcmbgroup.com) have restated their confidence in the financial institution to sustain its impressive performance and deliver more value. The...

Nigeria Exchange, NGX, lists BUA Cement’s N115bn bond

  Nigerian Exchange, NGX, Limited listed BUA Cement Plc’s ₦115billion 7-Year Series 1 Fixed Rate Senior Unsecured Bond issue, the first listing in the NGX...

Oscar Onyema Bows-Out As CEO NSE

Oscar Onyema, has now completed his tenure as the Chief Executive Officer, CEO, of The Nigerian Stock Exchange (NSE or The Exchange). In commemoration of...

Market development for derivatives nears completion – FMDQ

    FMDQ Securities Exchange Limited has announced that the implementation of its derivatives market development project on its platform is nearing completion. The exchange disclosed this...