NGX Regulation Limited (NGX RegCo), in line with its unwavering commitment to enhance retail investor participation, is excited to announce its forthcoming retail investors’ webinar. This event is designed to equip retail investors with invaluable insights, innovative strategies, and approaches for successful participation in the Nigerian capital market.   Themed “Expanding Reach for More […]

Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, indicating business growth and customer confidence in the Bank. A review of the lender’s unaudited nine-month results released to the Nigerian Exchange Group […]

  Oscar N. Onyema, OON, has been recognised by the West African Securities Regulators Association (WASRA) for his contribution and support in shaping the integration of capital markets in the region and for being the first Chairman of the West African Capital Markets Integration Council (WACMIC).   Onyema was given the recognition at the recently […]

  Technology has laid a foundation for the development of capital markets not only in Nigeria, but in Africa.    This was the view of the Chief Executive Office, Nigerian Exchange Limited (NGX), Temi Popoola when he spoke at the West Africa Capital Market conference which held Wednesday, 25 October 2023 in Eko Hotel, Lagos. […]

The Vice President of the Federal Republic of Nigeria Senator Kashim Shettima has said that the infrastructural deficit in the West African sub region are better tackled from inside and not through foreign borrowing alone, saying that the job of the capital market in Nigeria and across the region is therefore cut out for it […]

  Nigerian Exchange Limited has held a workshop to inform market stakeholders about NGX’s Single Stock Futures product launch and close the knowledge gap around the asset class as it aims to deepen the Nigerian capital market.   Single stock futures (SSFs) are derivatives instruments that allow buyers and sellers to sell a single stock […]

Tony O. Elumelu, CFR, Chairman, Heirs Insurance Group, called for the urgent recaptalisation of insurance companies in Nigeria, as part of a six-point agenda to completely transform the insurance industry. He made this call on Monday, October 23, 2023, at the 2023 National Insurance Conference, organised by the insurance regulators, NAICOM, in Abuja. Elumelu began […]

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. […]