Stanbic IBTC Holdings Plc recently announced that it would allocate 96.3% of its N148.71 billion rights issue proceeds to its banking subsidiary. The rights issue allows...
The Nigerian Exchange Limited (NGX) e-offering platform, NGX Invest, is making significant strides in capital-raising in Nigeria with the introduction of Stanbic IBTC Holdings Plc’s N148.7...
Leading cryptocurrency firms have contributed at least $10 million to the Trump inaugural fund, with top executives converging in Washington ahead of the incoming president’s swearing-in...
In a report released on December 31, 2024, the Nigerian Exchange Group (NGX) identified the top ten stockbrokers in Nigeria for the year 2024. The rankings...
The co-founder of Guaranty Trust Bank, Fola Adeola, has sold 18,250,000 units of shares in Aradel Holdings valued at N10.9bn. In a notice filed on the...
Shares of Neimeth International Pharmaceuticals Plc have surged by over 32% in the third week of January 2025, boosting its month-to-date performance to more than 50%....
The National Bureau of Statistics (NBS), Nigeria’s main agency for data dissemination, is still dealing with the aftermath of a cyberattack on its official website, which...
The Nigerian naira remained relatively stable during the first trading session of the week, despite ongoing pressure from the dollar’s strength and stronger-than-expected U.S. economic data....
The Securities and Exchange Commission (SEC) has announced plans to strengthen the regulatory framework for borrowing by governments and corporate entities in Nigeria. SEC’s Director-General, Dr....
Nigeria’s foreign exchange (FX) reserves have increased by $591.78 million in the month following the government’s $2.2 billion Eurobond auction on December 2, 2024. The reserves...