By Kayode Tokede Nigerian Exchange (NGX) Limited in collaboration with REDMoney Group hosted the 3rd edition of the Islamic Finance News (IFN) Nigeria Roadshow 2021 on Wednesday, 26 May 2021 with the Chief Executive Officer, NGX, Mr. Temi Popoola, CFA…
By Kayode Tokede The Securities and Exchange Commission (SEC) has directed all existing investment crowdfunding portals/digital commodities investment platforms to see requirements and eligibility criteria for raising funds through and operating a Crowdfunding Portal. SEC also urged compliance with the…
By Kayode Tokede Total domestic and foreign transactions on the equities market of Nigerian Exchange Limited (NGX) dropped by 30.01 per cent from N228.49billion in March 2021 to N159.93billion in April 2021. This is according to NXG “Domestic and Foreign…
By Kayode Tokede Trading activity on the domestic equities market on Thursday closed negative, as the investors further lost N98.57billion or 0.49 per cent following price decline in Dangote Cement and 20 others. In summary, the All-Share Index (ASI) decreased…
By Kayode Tokede Shareholders of Dangote Cement Plc on Wednesday commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N272.6 billion as dividend, translating to N16 per…
By Kayode Tokede Securities and Exchange Commission (SEC) has said that it is considering a reduction in its operational staff cost to boost and improve its revenue profile. SEC’s Director General, Mr Lamido Yuguda said in Abuja on Tuesday at…
By Kayode Tokede Transactions on the Nigerian Exchange Limited (NGX) equities market on Wednesday ended on a red note with a decline of N12 billion, extending the losing streaks to eight consecutive sessions due to investors’ sell-pressure in the banking…
By Kayode Tokede All is now set for the 2nd edition of the Ecobank Agribusiness and Food Security Summit organized in association with Vanguard Economic Forum Series. The primary content objective of summit is to discuss the role of technology…
Shareholders of 11Plc, a downstream oil and gas company, have approved the dividend payment of N3.06bn for the 2020 financial year. The approval was given at the 43rd Annual General Meeting (AGM) of the company in Abuja, the company said…
A report by Climate Bonds Initiative, an international non-profit organisation dedicated to climate change solutions and promoting large-scale investment in the low-carbon economy, has said the sustainable debt for the green market reached $1.7 trillion at the end of 2020,…
