CAPITAL MARKET

Photo caption: L-R: Mr. Sunny Anene, Deputy Group CEO, United Capital Group; Dr. Emomotimi Agama, Director General, Securities and Exchange Commission (SEC), Dr. Odiri Oginni, Managing Director/CEO, United Capital Asset Management, and Mr. Peter Ashade, Group CEO, United Capital Group at the United Capital Asset Management 2025 Investment Forum, held...

Nigerian Exchange Group (NGX Group), a leading integrated market infrastructure provider in Africa, has signed a funding agreement with DEG Impulse gGmbH, a subsidiary of the German Development Finance Institution, DEG - Deutsche Investitions-und Entwicklungsgesellschaft mbH, part of KfW Bankengruppe, to commence the implementation of its flagship NGX Net-Zero Programme...

The NGX All-Share Index and Market Capitalization appreciated by 1.57% and 1.92% to close the week at 119,995.76 and N 75.962 trillion respectively. Similarly, all other indices finished higher with the exception of NGX Oil and Gas Index, which depreciated by 2.23% . A total turnover of 3.903 billion shares...

Amid the raging uncertainties across the globe, the management of Investdata Consulting Limited, on Friday announced plans to hold its long-running Master Class this Saturday, June 28, 2025. The Master Class for the 2025Q3, holding virtually, is scheduled to begin at 9 am prompt. As usual, equity market and economic...

  … listing of Dangote Fertiliser will revolutionise Capital Market – Dangote   The Group Chairman of Nigerian Exchange Group (NGX Group), Alhaji (Dr.) Umaru Kwairanga, has praised the President/Chief Executive, Dangote Group,  Aliko Dangote for his substantial contributions to the Nigerian capital market and private sector development.   He...

The Cable NG reports that the market capitalisation of Fidelity Bank has crossed the N1 trillion mark as the share value of the company appreciated by 1.27 percent at the close of trading. According data from the Nigerian Exchange Group (NGX), the bank’s market capitalisation hit N1 trillion after its...

A total turnover of 3.566 billion shares worth N115,403 billion in 99,960 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 2.057 billion shares valued at N51.015 billion that exchanged hands last week in 65,016 deals. The Financial Services Industry...

The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC) on Friday June 20, 2025, arraigned a company, Quintessential Investment Company Limited, before Justice Dipeolu of the Federal High Court sitting in Ikoyi, Lagos. The company is being prosecuted on a two - count charge bordering on...

PZ Cussons plc and Wilmar International Limited today jointly announce that the two parties have agreed definitive terms for Wilmar to purchase the 50% equity stake in PZWilmar Limited held by PZ Cussons plc, for cash consideration of US$70 million. Completion of the transaction is subject to a number of...

The Association of Securities Dealing Houses of Nigeria (ASHON) has expressed concern over the Central Bank of Nigeria’s recent circular indefinitely suspending dividend payments by banks. Chairman of ASHON, Sam Onukwue, in a statement on Tuesday, said that the directive, issued on June 13, was said to ensure compliance with...