The Central Bank of Nigeria (CBN) has revealed plans to reintroduce a comprehensive framework that will enable Nigeria to conduct bilateral trade using national currencies —...
Data released by the Securities and Exchange Commission (SEC) show that ₦120.88 billion of capital committed to registered private equity and infrastructure funds remained undeployed as...
VFD Group Plc has unveiled plans for a ₦50.7 billion rights issue aimed at reinforcing its capital structure and accelerating expansion across Africa. The announcement was...
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for a coordinated and forward-looking regulatory framework for cryptocurrency in Nigeria. He noted that...
In a significant development for Nigeria’s capital markets, global index provider FTSE Russell has added the country to its Watch List for potential reclassification from “Unclassified”...
FCMB Group Plc has launched a fresh N160bn public share offering as part of efforts to strengthen its banking subsidiary, First City Monument Bank, and meet...
Nigeria’s equities market is off to an upbeat start this week as analysts at Cowry Asset Management issued a fresh wave of “Buy” recommendations on five...
UAC of Nigeria PLC has officially completed its acquisition of CHI Limited, the company behind the popular Chivita juice and Hollandia dairy brands. The transaction, first...
The Nigerian Exchange Limited (NGX) opened the week on a positive note as investors recorded a gain of N115bn in market capitalisation on Monday, driven by...
DLM Capital Group, a leading Nigerian development investment bank, has successfully completed a ₦9 billion Series 1 Sovereign Bond Backed Composite Notes (SBCN) issuance. This marks...