The NASD Over-the-Counter (OTC) Securities Exchange sustained its positive momentum, recording gains for the fourth consecutive trading session as investor sentiment remained mildly upbeat in the unlisted securities market. Market …
Champion Breweries Plc has taken a major step in strengthening its financial position after successfully issuing a five-year fixed rate senior unsecured bond at a coupon rate of 19.50 per …
Nigerian Exchange (NGX) Limited recorded a strong increase in trading activities last week, as investor participation rose sharply following the resumption of normal market sessions after the festive holidays. The …
Presco Plc has successfully completed its recent rights issue, recording a strong subscription level of 103 per cent, a development that points to growing confidence among shareholders in the company’s …
The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the immediate freezing of bank accounts linked to Crypto Bridge Exchange (CBEX) and 25 …
Two Nigerian insurance companies, AXA Mansard Insurance and International Energy Insurance Plc, have projected a combined profit before tax of about N5.53bn for the first quarter of 2026. The projections …
The Nigerian Exchange Limited (NGX) ended the week on a strong note as renewed buying interest in ICT and banking stocks lifted the market by N2.44 trillion. The All-Share Index …
The Nigerian Exchange Limited has taken another step to expand Nigeria’s capital market by introducing Commercial Paper listings, a move expected to deepen the country’s short-term debt segment and provide …
Access Holdings Plc, the parent company of Access Bank, has announced plans to raise about N40bn through a private placement as part of its ongoing capital-raising programme. The move is …
Legend Internet Plc has achieved a major milestone after recording a 119.7 per cent oversubscription in its Series 1 Commercial Paper (CP) issuance, signalling strong investor confidence in the company’s …