Shares of Legend Internet Plc have climbed 20 per cent within two trading sessions following progress on its planned merger with Spectranet Limited. The stock rose...
LAPO Microfinance Bank has announced the launch of a N10 billion five-year fixed-rate senior unsecured bond under its N30 billion Debt Issuance Programme, marking a strategic...
Legend Internet Plc and Spectranet Limited have advanced plans to merge their operations in a deal expected to create one of Nigeria’s largest internet service providers,...
The Central Bank of Nigeria (CBN) has set a medium-term inflation target of 6 to 9 per cent as it moves toward a full inflation-targeting monetary...
Nigeria’s Securities and Exchange Commission (SEC) has issued a six-week deadline for capital market operators to submit board-approved recapitalisation or licence downgrade plans, reinforcing its sweeping...
By: Amarachi Okonkwo The Nigerian Exchange Limited (NGX) recorded a mild downturn on Wednesday, as cautious trading and profit-taking by investors dragged total market capitalisation below...
Odu’a Investment Company Limited has acquired a 10 per cent minority equity stake in FCMB Pensions Limited, a subsidiary of FCMB Group Plc, in a move...
Nigeria’s capital market will transition to a T+1 settlement cycle from May 29, 2026, in a move aimed at improving efficiency and aligning with global standards....
TrustBanc Holdings Limited has announced the launch of a N20 billion commercial paper issuance under its N100 billion programme, as it seeks to strengthen its short-term...
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has stated that ongoing foreign exchange reforms have significantly increased capital inflows into Nigeria and strengthened...