In an avowed drive to further deepen the capital market and attract more young people to the market, the need to embrace fintech has again been emphasised. This was stated by the Director General, Securities and Exchange Commission (SEC), Mr.…
By Philemon Adedeji Equities market extending its winning streak for the fifth consecutive session, the Lagos bourse maintained the positive momentum as the benchmark All Share Index (ASI) appreciated by 491.13 basis points to represent 0.95 per cent stronger at…
By Philemon Adedeji The Nigerian financial services provider, Providus Bank Plc has released its audited financial results for the period ended December 31, 2022. The bank reported stellar performance across all its major business lines, as gross revenue increased impressively…
By Philemon Adedeji At the Nigerian Exchange Limited (NGX), the Nigerian equities market opened the week very strong, the market’s performance was primarily driven by demand in telco heavyweight MTNN which lifted stock market to N136 billion, alongside ZENITH BANK…
Nigerian Exchange Limited (NGX) and Ecobank Transnational Incorporated (ETI) have expressed mutual interest in partnering on sustainability initiatives and overall market development. This was stated at the Closing Gong Ceremony introducing the new Group Chief Executive Officer (GCEO) of ETI…
The Group’s Chief Executive Officer, Mr. Segun Agbaje, has said at the GTCO’s investors and Analyst conference which held on April 19, 2024 that Nigeria is still the primary source of loan growth, but the Group is cautious about loan…
By Philemon Adedeji The Securities and Exchange Commission (SEC) has expressed the firm belief that the Nigerian Capital Market, being an organised and specialised financial market that drives capital mobilisation through domestic savings and foreign capital inflows, is well positioned…
As part of its organic growth strategy, Lagos Commodities and Futures Exchange (LCFE) has signed an agreement with the Lagos State Government through the Ministry Agriculture to jointly drive the development of Lagos Rice value chain. The agreement, sealed last…
Leading, innovative and sustainable building solutions company, Lafarge Africa Plc., has kicked off a new consumer promotion to excite and reward its esteemed customers across the country. Themed ‘Buy and Win,’ the promo will run from April 10 to May…
By Philemon Adedeji The Nigeria Sovereign Investment Authority (“NSIA” or “The Authority”), manager of Nigeria’s sovereign wealth fund, has announced its audited financial results for the year ended December 31, 2022. The results indicated that financial performance underscores the resilience…
