Capital Market

Egypt Maintains Interest Rates As Inflation Persists

Central Bank of Egypt has retained its benchmark interest rates as policymakers continue to monitor inflationary pressures and…

ByByAnyanwu Theresa May 22, 2026

Morocco Inflation Hits 1.7% On Fuel Surge

Morocco’s annual inflation rate accelerated to 1.7 per cent in April 2026, up from 0.9 per cent recorded…

ByByAnyanwu Theresa May 22, 2026

SpaceX Files Historic Wall Street IPO Plans

SpaceX has unveiled plans to launch a public listing on the United States stock market, in what could…

ByByAnyanwu Theresa May 22, 2026

CBN Retains Rate at 26.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate…

ByByAnyanwu Theresa May 20, 2026

SEC Approves T+1 Settlement Transition Framework

The Securities and Exchange Commission (SEC) has issued formal guidance for the transition of Nigeria’s capital market to…

ByByAnyanwu Theresa May 19, 2026

DMO Floats N600bn Reopened Bonds as Yields Hit 22.60%

The Debt Management Office (DMO) has launched a fresh N600 billion bond auction on behalf of the Federal…

ByByAnyanwu Theresa May 18, 2026

JPMorgan Cuts Gold Price Outlook

JPMorgan has lowered its average gold price forecast for 2026, citing weaker investor demand, slowing market activity and…

ByByAnyanwu Theresa May 18, 2026

Otedola Acquires N43bn First HoldCo Shares as Stake Rises to 19.35%

Chairman of First HoldCo Plc, Femi Otedola, has increased his stake in the financial services group following the…

ByByAnyanwu Theresa May 15, 2026

Coronation Asset Management Launches Equity Fund as NGX Rally Strengthens Investor Interest

Coronation Asset Management has launched the Coronation Equity Fund, an open-ended collective investment scheme aimed at providing investors…

ByByAnyanwu Theresa May 14, 2026
Image Not Found

United Capital Director Purchases 3,900 Shares in Insider Deal

United Capital Plc has disclosed the purchase of 3,900 ordinary shares by its Director of Retail and Digital…

ByByAnyanwu Theresa May 13, 2026

Ikeja Hotel declares interim dividend as revenue rises

Ikeja Hotel Plc has declared an interim dividend of three kobo per share for the period ended March…

ByByAnyanwu Theresa May 11, 2026

Transcorp Declares N20.3bn Dividend as Profit Rises 44%

Transnational Corporation Plc has declared a total dividend of ₦20.32 billion for the 2025 financial year, representing ₦2.00…

ByByAnyanwu Theresa May 11, 2026

Neimeth Cuts Share Premium to N390m, Moves N1.99bn to Retained Earnings

Shareholders of Neimeth International Pharmaceuticals Plc have approved a capital restructuring scheme that will reduce the company’s share…

ByByAnyanwu Theresa May 8, 2026

MTN Investors Approve Chairman’s N167.9m Remuneration

Shareholders of MTN Nigeria have approved a new remuneration package for the company’s non-executive directors, with Chairman Ernest…

ByByAnyanwu Theresa May 8, 2026

Sovereign Trust Insurance Begins N5.02bn Capital Raise via Rights Issue

Sovereign Trust Insurance Plc has commenced a N5.02 billion rights issue aimed at strengthening its capital base and…

ByByAnyanwu Theresa May 5, 2026

SUNU Assurances targets N9.34bn via rights issue

SUNU Assurances Nigeria Plc has commenced a rights issue to raise N9.34bn from existing shareholders as part of…

ByByAnyanwu Theresa May 1, 2026

United Capital declares N18bn dividend as profit surges 16% in 2025

By: Amarachi Okonkwo United Capital Plc has approved a total dividend payout of N18 billion for the 2025…

ByByAnyanwu Theresa Apr 25, 2026

CBN: reforms shield Nigeria from global shocks despite inflation rise

By: Amarachi Okonkwo  Nigeria’s macroeconomic reforms are helping to shield the economy from worsening global shocks, even as…

ByByAnyanwu Theresa Apr 20, 2026