Capital Market

Key members on the board of Dangote Flour Mills Plc have announced their resignation from the positions they held at the flour milling company. In a notice sent to the Nigerian Stock Exchange (NSE) and the general investing public, Asue…

Emeka Okoroanyanwu African Development Bank (AfDB) shareholders have approved $115 billion capital increase to stimulate Africa’s development and growth. A statement issued by the bank said that the approval was given at an…

The Minister of Finance, Budget and National Planning, Zainab Ahmed has reiterated the commitment of the Federal Government to providing a favourable environment for investments in the capital market and competitive pricing of financial…

First Bank of Nigeria Limited has expressed its commitment to driving financial inclusion across Nigeria. Chief Executive Officer, FirstBank, Dr. Adesola Adeduntan made this known during the Firstmonie Agent Banking national award…

Africa’s leading full-service online travel company, Wakanow.Com Limited (Wakanow) has announced the appointment of Mr. Adebayo Adedeji as interim Chief Executive Officer of Wakanow, effective immediately. Adedeji, who is the current…

Babajide Okeowo Shareholders in the Nigeria capital market have described the e-dividend mandate which was imposed by the market’s regulator, the Securities and Exchange Commission (SEC) as being too difficult. According to the…

Do you have dozens of share certificates and dividend warrants stashed in a drawer or safe in your house? Or you are wondering on what has become of all the shares you bought during the stock market boom and how you can track it considering…

In a bid to ensure overall market stability and efficiency and fairness in the pricing of securities, the Nigerian Stock Exchange, NSE has amended the rules on Pricing Methodology and price movements of equity securities traded on the…

It was a mixed result from two of the stock listed on the floors of the Nigerian Stock Exchange. In the unaudited financial report for the period ended, March 31, 2019, PZ Cussons revealed a decline of 435% in Profit after Tax, closing at a…

Babajide Okeowo The Nigerian Stock Exchange (NSE) has fined Conoil Plc, Unity Bank, Fidelity Bank, Med-View Airline, Union Bank, Flour Mills of Nigeria, Lasaco Assurance Plc, Academy Press Plc, and 37 others to the tune of N487.7 million…