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SEC Nigeria Gets N151.6m AfDB Grant For Capital Market Master Plan

SEC Nigeria Gets N151.6m AfDB Grant For Capital Market Master Plan

The African Development Bank Group (AfDB), on Friday, announced the signing of an agreement for a $400,000 grant for Nigeria’s Securities and Exchang...
Dangote Cement Spends N9.769bn On 40.2m Units In First Tranche Of Buy-Back Programme

Dangote Cement Spends N9.769bn On 40.2m Units In First Tranche Of Buy-Back Programme

Dangote Cement Plc, on Monday, said it spent over N9.769bn to repurchase 40.2m units of its shares on the Nigerian Stock Exchange (NSE) as it announc...
FCMB Names Yemisi Edun Acting MD, As Embattled Adam Nuru Steps Aside

FCMB Names Yemisi Edun Acting MD, As Embattled Adam Nuru Steps Aside

The board of FCMB Group, on Wednesday, announced the appointment of Mrs. Yemisi Edun, a Chartered Accountant, and graduate of Chemistry from the Univ...
UACN Transfers 8.519bn UPDC Shares To Custodian Investment For N5.964bn

UACN Transfers 8.519bn UPDC Shares To Custodian Investment For N5.964bn

Barely three and half months after it announced a change of plan to dispose of its stake in its subsidiary, directors of UAC of Nigeria, the nation’s...
GTBank Unveils Scheme Of Arrangement, Lists HoldCo Shares Jan. 5

GTBank Unveils Scheme Of Arrangement, Lists HoldCo Shares Jan. 5

Directors of Guaranty Trust Bank Plc, at the weekend, unveiled the scheme document to inform holders of its ordinary shares and Global Depository Rec...
SEC, Oando Stalemate: How Much Longer Will Investors Wait?

SEC, Oando Stalemate: How Much Longer Will Investors Wait?

One troubled cup the new management of Nigeria’s Securities & Exchange Commission (SEC) led by Lamido Yuguda inherited from his predecessor- Ms. ...
GTBank Gets CBN, SEC Approval For HoldCo Structure

GTBank Gets CBN, SEC Approval For HoldCo Structure

About eight years after divesting its stake GT Assurance (now AXA Mansard), among others, in line with the guidelines of the Central Bank of Nigeria ...
GTBank: Who Succeeds Segun Agbaje Ahead Of June 2021 Retirement?

GTBank: Who Succeeds Segun Agbaje Ahead Of June 2021 Retirement?

Whether the directors admit it or not, one key issue agitating the minds of staff, shareholders, and the broader stakeholders including the regulator...
Market Turmoil: MTN To Continue Sell Down Of 79% Stake In Nigerian Arm

Market Turmoil: MTN To Continue Sell Down Of 79% Stake In Nigerian Arm

In view of the huge drop in prices on the Nigerian Stock Exchange (NSE), just as other exchanges across the globe, arising from the aftermath of the C...
Mixed Session Ahead, As Investors Position For 2020Q1 Earnings, Impact Of Stimulus Packages

Mixed Session Ahead, As Investors Position For 2020Q1 Earnings, Impact Of Stimulus Packages

Market Update for March 30 Panic selling again resurfaced on the Nigerian Stock Exchange on Monday as the key performance indicators closed lower on ...
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