By Fabian Ekeruche MFS Africa, Africa’s largest digital payments network, on Wednesday said it had raised US$100 million through an equity and debt financing round. MFS, in a statement, said that the fundraising marks another milestone in its Africa’s expansion,…
Cititrust Holdings Plc has divested its 100 per cent equity holdings in Cititrust Financial Services Plc for enhanced growth. This is contained in a statement by Cititrust Holdings made available to Nigerian NewsDirect on Wednesday in Lagos. The statement said…
The Securities and Exchange Commission (SEC) has stated that it will continue to strive to deliver coordinated and coherent policy advice, capacity building and regulatory support to build the momentum for a green economy. Green finance has been defined as…
Vice President (VP), Prof. Yemi Osinbajo, has said that impact investing is a sound approach to balancing societal and economical inequalities for long-term structural change in Nigeria. Osinbajo made the remarks during his keynote address at the hybrid Fourth IIF…
The nation’s bourse extended its upward movement on Tuesday with N252 billion gain as investors staked more money in Airtel Africa and 23 others. Specifically, the market capitalisation which opened at N22.569 trillion inched higher by N252 billion or 1.22…
Transactions on the equities market of the Nigerian Exchange Limited (NGX) closed on a positive note, as market capitalisation appreciated by N643billion to commenced trading for this week positive. The positive performance was buoyed by investors’ increased buying appetite in…
The FMDQ Securities Exchange Limited has entered into a strategic partnership with Luxembourg Stock Exchange (LuxSE) for dual listing of green bonds by indigenous issuers to boost international visibility. This was revealed during the signing of the listing agent and…
The Securities and Exchange Commission has stated the need to reduce the substandard commodities in the market and encourage global acceptance of commodities produced in Nigeria. Executive Commissioner Operations SEC, Mr. Dayo Obisan stated this during a Commodities Standards Sensitisation…
The Securities and Exchange Commission (SEC) is set to hold the Third Capital Market Committee (CMC) meeting in 2021 from Thursday November 11 to Friday 12, 2021. The meeting is scheduled to hold virtually through Zoom with key stakeholders in…
After seven weeks of sustained rally, bearish sentiment resurfaced on the Nigerian Exchange Limited (NGX) last week as the equities market declined by 0.06 wee-on-week (W-o-W) prrformance. Investors profit-taking in Unilever Nigeria, Courteville Business Solutions, Nigerian Exchange Group (NGXGroup) and…
