In Nigeria today, a growing number of people are quietly losing their hard-earned money to the frustrating phenomenon of failed electronic transactions. While the country’s push for a cashless economy …
Capital Market
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BankingBusinessCapital MarketCBNCentral BankingConsumer ProtectionDigital PaymentsEconomic DevelopmentEconomyFinance & ServicesFintechINVESTMENTTechnology
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BusinessCapital MarketEconomyFinanceForeign ExchangeINVESTMENTKenyaStock Market
Foreign Investors Return Strongly to Nairobi Stock Market with Four-Year High Purchases
Foreign investors have shown renewed confidence in Kenya’s capital market after years of weak participation, as their purchases of shares at the Nairobi Securities Exchange (NSE) hit a four-year high …
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BankingBusinessCapital MarketEconomyFinanceINVESTMENT
NGX Group Reports N24bn Revenue in 2024 on Bank Recapitalisation and Big Listings
The Nigerian Exchange Group Plc (NGX Group) recorded revenue of N24 billion in the 2024 financial year, boosted mainly by the recapitalisation of Nigerian banks and a series of high-profile …
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BusinessCapital MarketEconomyInternational RelationsTrade
NGX Boss Highlights Nigeria-Brazil Capital Market Opportunities During Tinubu’s Visit
The Group Managing Director and Chief Executive Officer of Nigerian Exchange Group (NGX Group), Mr. Temi Popoola, has said that capital markets will play a central role in boosting trade …
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BusinessCapital MarketCorporate NewsEconomyINVESTMENTNigeria
NASD Declares First Dividend as Shareholders Celebrate Turnaround
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 …
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BusinessCapital MarketEnergyInfrastructureINVESTMENTReal Estate
Coronation Lists Nigeria’s Largest Infrastructure Fund on NGX with N8.79bn Offering
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 …
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BusinessCapital MarketEconomyFinanceGovernment PolicyINVESTMENT
Stockbrokers Urge Federal Government to Reform Capital Market for $1tn Economy Target
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 …
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BankingBusinessCapital MarketEconomyFinancial InclusionINVESTMENT
Wema Bank Surpasses Recapitalisation Target with N157bn Rights Issue
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 …
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BusinessCapital MarketEconomyFinanceGlobal NewsRegulation
World Federation of Exchanges Launches Manifesto to Protect Public Markets
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 …
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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 …