The German Agency for International Corporation (GIZ)-SEDIN is collaborating with the Lagos State Employment Trust Fund (LSETF) to build resilient Micro Small and Medium Scale Enterprises (MSMEs). The Executive Secretary of LSETF, Mrs Teju Abisoye, said the collaboration entails evolving…
Proshare, a financial consulting group, has projected that the Nigerian economy will grow by 2.6 per cent in 2022. The company made this known in its 2022 Economic Outlook Report signed by its Managing Editor, Mr. Teslim Shitta-Bey, on Monday…
The insurance companies in Nigeria earned N630.36 billion premium in 2021. The Head, Corporate Communications and Market Development, National Insurance Commission, Rassaq Salami, disclosed this in its unaudited result for 2021 on Monday. According to the commission, this was a…
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 29 basis points. The NGX ASI closed at 47,063.28 points, to reflect a decline of 0.29% from the previous trading day…
The Securities and Exchange Commi-ssion (SEC) has reiterated the importance of capital market operators acting professionally and ethically in the performance of their responsibilities. During a meeting with the Chartered Institute of Stockbrokers (CIS) in Abuja, SEC Director-General Lamido Yuguda…
By Seun Ibiyemi The Nigerian Stock market recorded its first weekly loss in the year, as the All-Share index declined by 0.18 per cent in the week ended 11th February 2022 to close at 47,202.3 points. This is according to…
The combined market capitalisation of stocks worth over one trillion (SWOOTs) depreciated by 0.51% to close at N18.14 trillion from N18.23 trillion the previous week, reflecting a loss of N93.62 billion. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT,…
The Nigerian Exchange (NGX) Ltd and the Chartered Institute of Securities and Investments (CISI) have pledged to strengthen their synergy to boost professionalism across the financial services sector. They made the pledge at a digital closing ceremony to commemorate the…
The Lagos State, Governor, Mr Babajide Sanwo-Olu, has said that the state will explore capital raising through Nigerian Exchange Ltd (NGX) to fund infrastructure projects through equities, Green, Sukuk, and Blue Bonds. Sanwo-Olu made the remarks at the courtesy visit…
FMDQ Securities Exchange Ltd has approved the registration of the Providus Bank N100 billion Commercial Paper (CP) programme on its platform. This is contained in a statement made available to journalists on Thursday in Lagos. It said that the registration…
