Shareholders of NASD Plc have commended the company’s board and management for steering it out of years of losses to profitability, leading to its first-ever cash dividend payout. At the …
Coronation Asset Management has listed the Coronation Infrastructure Fund (CIF), Nigeria’s largest Series I infrastructure fund, on the Main Board of the Nigerian Exchange (NGX). The move, described by market …
The Chartered Institute of Stockbrokers has appealed to the Federal Government to urgently implement economic reforms that will reposition Nigeria’s capital market as a key driver in achieving the country’s …
Wema Bank Plc has announced that it has successfully exceeded its recapitalisation target after raising N157bn through the first phase of its capital-raising exercise. The funds were secured from a …
The World Federation of Exchanges (WFE), the global body representing exchanges and clearing houses, has unveiled its new Exchange Manifesto. The declaration seeks to highlight and reinforce the vital role …
Pension Fund Administrators (PFAs) have channelled over N14.5 trillion of workers’ retirement savings into Federal Government securities as of March 2025, highlighting the industry’s continued reliance on sovereign debt. Figures …
The National Pension Commission (PenCom) has issued a strong warning to Pension Fund Administrators (PFAs) against investing workers’ retirement savings in the Additional Tier-1 (AT1) capital instruments of Deposit Money …
Industrial & Medical Gases Nigeria Plc has announced the launch of a N6.39bn rights issue aimed at strengthening its market position and supporting ongoing expansion projects. In a statement issued …
The Reserve Bank of Malawi (RBM) has extended its five-year capital markets development plan by one more year after falling short of several major targets due to tough economic conditions …
The Director General of the Securities and Exchange Commission of Nigeria, Dr. Emomotimi Agama, has been elected Vice Chairman of the Africa/Middle East Regional Committee (AMERC) of the International Organisation …