CAPITAL MARKET

NGX Regulation Limited (NGX RegCo) has released the "Code of Conduct for Approved Persons of Trading License Holders" ("The Code") of Nigerian Exchange Limited (NGX), in keeping with its commitment to promoting high professional standards and ethical conduct within the capital market. Approved by the Securities and Exchange Commission (SEC)...

  declared an interim dividend of N0.30 per share The net profit of Access Holdings for the first half of the year rose by 52 per cent   compared to that of the same period of last year as its revenue for the review period stood at N940 billion for the...

  The Federal Government through the Ministry of Communications, Innovation and Digital Economy has said it intends to collaborate with Nigerian Exchange Limited (NGX) to stimulate startup listings with the newly created NGX Technology Board. The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, stated this during a tech...

Fidelity Bank Plc has announced the completion of the acquisition of a 100 per cent stake in Union Bank Plc UK. In a statement to the investing community through the Nigerian Exchange Limited (NGX) on Wednesday, the bank noted that the acquisition is aimed at strengthening the bank’s strategic initiatives...

  Retail lender, Unity Bank Plc grew its deposits to N333.38 billion, representing a marginal increase of 2% compared to N327.42 billion recorded in H1’22 in its Half-Year unaudited financial statement submitted to the Nigeria Exchange Group Limited. The growth in deposits demonstrates incremental gains by the lender from its...

Following Nigeria's commitment to adopt the International Sustainability Standards Board (ISSB) standards, Ms. Tinuade Awe, the Chief Executive Officer of NGX Regulation Limited (NGX RegCo), emphasized the importance of Nigerian banks swiftly integrating environmental, social, and governance (ESG) principles into their business strategies. Awe asserted that doing so would provide...

  In a remarkable turn of events, the Nigerian Exchange Limited (NGX) achieved a significant milestone as its All-Share Index (ASI) surged to an unprecedented level of 68,279.14, marking a 1.11% increase. This achievement surpasses the previous record of 66,371.20 points set on March 5, 2008, following a prior all-time...

  Ardova Plc’s (AP) Board of Directors has announced that Olu Adeosun, Chief Executive Officer (CEO), will be exiting the company to pursue new interests and opportunities.  Olu’s resignation as CEO, is effective today 31 August 2023, but he has committed to remaining involved with the activities of the company...

Nigerian Exchange Limited (NGX) has expressed its eagerness to collaborate with the Lagos Chamber of Commerce and Industry (LCCI) in advancing advocacy efforts, encouraging listings, and enhancing capacity development for both chamber members and the broader economy. The Chief Executive Officer, NGX, Mr. Temi Popoola, disclosed this during the Closing...

  Nigerian Exchange Group Plc (NGX Group) is to pay its shareholders an interim dividend of 25 kobo per ordinary share of 50 kobo each on Thursday, 31 August 2023. This comes subsequent to an emergency board meeting convened by the Group last month, during which it affirmed its decision...