In a groundbreaking move, Sterling Bank Limited’s Imperium Initiative has joined forces with JinkoSolar Holding Co., Ltd. to tackle the import challenges faced by photovoltaic (PV) distributors and solar developers in Nigeria. The partnership aims to address significant foreign exchange burdens and operational constraints, ultimately driving the adoption of solar energy in the country. Mr […]

Access Bank has partnered with Visa, the world leader in digital payments, to enhance the efficiency of cross-border business-to-business payments for the bank’s corporate, commercial and SME customers by adopting the Visa B2B Connect platform to send and receive payments to and from 110 countries worldwide. Visa B2B Connect is a payment platform that will […]

The Alternative Bank, Nigeria’s newest entrant into the financial services sector, launched in spectacular fashion by holding simultaneous launch events in three major cities across the country – Lagos, Abuja, and Kano, making it the first synchronized multi-city brand launch in Nigeria’s history. The Alternative Bank is the ethical banking subsidiary of Sterling Financial Holdings. […]

  Institutional investors from the United States under the Institutional Investor Network have expressed interest in allocating their capital and exploring more direct investment opportunities in the Nigerian capital market.   This was the subject of discussion at an engagement between Nigerian Exchange Limited (NGX) and a delegation from the United States facilitated by Chapel […]

Tansactions on the Nigerian Exchange Group Limited, NGX depreciated by 0.17 percent on Tuesday following losses on 29 stocks. The Exchange All-Share Index dropped by 116.46 basis points representing a 0.17 decline to close at 66, 984.87 points lower than the 67,101.33 points recorded on Monday, while the market capitalisation depreciated up by N64 billion […]

  VFD Group Plc, a sector-agnostic proprietary investment company, is pleased to announce its listing on the Main Board of Nigerian Exchange Limited (NGX), the sustainable Exchange championing Africa’s growth. On Friday, October 6, 2023, the official listing was celebrated with a Closing Gong ceremony and a Fact Behind the Listing Presentation, marking a key […]

Nigerian Exchange Group Plc (NGX Group) is pleased to announce significant changes to the board of its subsidiaries, Nigerian Exchange Limited (NGX), NGX Regulation Limited (NGX RegCo), and NGX Real Estate Limited (NGX RelCo).   Effective 27 September 2023, NGX has appointed Mr. Ahonsi Unuigbe as its new Board Chairman, succeeding Mr. Abubakar Mahmoud, SAN, […]

The first local currency-denominated infrastructure investment trust fund in Nigeria and Sub-Saharan Africa, Nigeria Infrastructure Debt Fund (NIBF) has been listed on Nigerian Exchange Limited (NGX). The listed, which took place on Thursday 5 October, was commemorated with a Closing Gong Ceremony where the management of the Funds engaged market stakeholders with a Facts Behind […]

In a significant development, Nigerian Exchange Limited (NGX) is set to admit the Nigeria Infrastructure Debt Fund (NIDF), a N200 billion public infrastructure investment fund by Chapel Hill Denham, onto the Exchange.   The Exchange, in commemorating the listing, will host a Facts Behind the Listing and Closing Gong Ceremony on Thursday, October 5, 2023. […]