The Nigerian Securities and Exchange Commission (SEC) has launched a new program aimed at speeding up the registration process of Virtual Assets Service Providers (VASP). According to the regulatory body, the new program will serve as an amendment to existing…
By Seun Ibiyemi Africa’s leading financial services institution, Guaranty Trust Holding Company Plc (GTCO), has added to its impressive haul of accolades as it was recently named Nigeria’s strongest brand and Best Banking Brand in Nigeria by Brand Finance and…
By Opeyemi Abdulsalam The Securities and Exchange Commission (SEC) has introduced a comprehensive framework to support the Central Bank of Nigeria’s (CBN) bank recapitalisation program. This framework aims to ensure a seamless, transparent, and efficient process for banks and holding…
Investors in the Nigerian equities market ended the week’s trading with a N56 billion loss on Friday. This followed the dip in the share price of stocks like MULTIVERSE, RTBRISCOE, and SUNUASSUR amongst others on the trading floor today. After…
…Experts warn of looming public health emergency, call for improved hygiene practices …As street food vendors put consumers at risk …Lassa Fever: Diagnosis and prompt treatment essential — WHO By Sodiq Adelakun Nigeria is facing a dire public health crisis…
By Ifeoluwakitan Afolabi Shareholders of Total Nigeria Plc have praised the company for its consistent dividend payment despite the challenging operating environment. At the company’s Pre-Annual General Meeting (AGM) held in Lagos, stakeholders commended Total’s entrenched safety culture, innovation, and…
The equities market resumed from the Eid-El-Kabir holiday with investors losing N47 billion at the end of trading session on Wednesday. This followed a dip in the share price of stocks like Caverton, ABC Transport, and NB amongst others on…
The naira, Nigeria’s currency on Wednesday traded flat at N1,490 on the parallel market, popularly called the black market, following improved dollar liquidity in the foreign exchange (FX) market. When compared to last week’s rate of N1,495, the naira recorded…
Investors in the Nigerian equities market ended the week with a N52 billion gain on Friday. This followed an increase in the share price of Guinness, etranzact, and Unity bank amongst others on the trading floor today. After five hours…
Wema Bank says it has successfully concluded the first tranche of its recapitalisation exercise having secured all relevant regulatory approvals for the allotment of its N40 billion rights issue. Its Managing Director, Mr Moruf Oseni, disclosed this in a statement…
