In keeping with their commitment to promoting action toward enhancing gender equality and mainstreaming increased opportunities for women in leadership, employment, and entrepreneurship in the Nigerian private sector, International Finance Corporation (IFC) and Nigerian Exchange Limited (NGX) are set to…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) closed in green zone as the local bourse rebounded by 3.99 per cent to close at 58,163.55 absolute points, driving by Investor interest in telco heavyweights, Airtel Africa (+7.78…
Shareholders have called on financial institutions to work together to get regulators to reduce fines and other charges paid to them. The call came as shareholders expressed concerns over the amount financial institutions w pay to regulators and to the…
By Philemon Adedeji Nigerian Exchange Limited (NGX) is set to host capital market stakeholders to African Exchanges Linkage Project (AELP) webinar tagged “Exchange Linkage Project – facilitating Trades across borders. The Webinar, which will hold on Wednesday, 14 June 2023,…
Nigeria Breweries have recorded N10.7 billion loss in first quarter of 2023 amid poor sales revenue and rising costs The brewing company has experienced heightened operating pressure for the past three quarters, having posted losses in the entire second half…
By Philemon Adedeji The Nigerian Exchange Limited (NGX) All-Share Index ,(ASl) and Market Capitalization appreciated by 0.20 per cent to close the week at 55,930.97 absolute points and N30.455 trillion respectively. Similarly, all other indices finished higher with the exception…
The Securities and Exchange Commission has declared the activities of a cryptocurrency site known as Binance illegal in Nigeria. The Commission disclosed this in a statement posted on its website recently. It stated that Binance is neither registered nor regulated…
By Philemon Adedeji Equities market on the Nigerian Exchange Limited (NGX) closed on a bearish sentiments continued to dominate the domestic bourse primarily driven by selloffs in industrial giant, Dangote Cement (-1.38 cement), alongside Stanbic IBTC(-3.02 per cent), and Nigerian…
Custodian Investment Plc suffered a loss of N6.2 billion in financial asset values in the first quarter, which consumed more than one-half of net income and pressured the bottom line to a drop. The company’s interim financial report for the…
Improving family friendly workplace policies in Nigeria, including access to quality childcare for parents, could boost private sector productivity and benefit employees, children, and businesses in the country, according to a report published recently by IFC and the Nigerian Exchange…
