The Federal Inland Revenue Service (FIRS) has directed banks, stockbrokers, and other financial institutions in Nigeria to begin deducting a 10 per cent withholding tax on interest earned from short-term …
The Securities and Exchange Commission (SEC) has expressed growing concern over the rising preference of Nigerians for cryptocurrency trading instead of investing in the country’s traditional capital market. The Director-General …
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has said that the global movement towards sustainable finance is reshaping investment choices, corporate governance and risk management …
Union Bank of Nigeria has successfully completed the full redemption of its Series 2 bond, paying both principal and coupon totalling N6.31 billion on September 3, 2025. The repayment marks …
The Central Securities Clearing System (CSCS) has reported securities transactions worth N2.112 trillion between May and August 2025, marking a 138.44 per cent increase compared to the N885.93 billion recorded …
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 …
United Capital Asset Management, a subsidiary of United Capital Plc, one of Africa’s leading investment banking and financial services groups, has held the second edition of its flagship Investment Forum. …
Stanbic IBTC Holdings Plc has successfully listed 2,944,772,083 additional ordinary shares of 50 Kobo each on the Nigerian Exchange Limited (NGX), following the conclusion of its recently completed rights issue. …
The Securities and Exchange Commission (SEC) has officially announced that the Nigerian capital market will adopt a T+2 settlement cycle for all equities transactions, starting November 28, 2025. This marks …