MARKETS

  The Central Bank of Nigeria (CBN) on Wednesday directed banks to continue issuing and accepting all denominations of Nigerian old and redesigned banknotes. The apex bank also directed its branches to accept the notes from deposit money banks (DMBs). This is in response to the Supreme Court’s decision on...

Nigerian Exchange Limited (NGX) is set to host a webinar for capital market stakeholders on the importance of Artificial Intelligence (AI) in growing the capital market on December 1, 2023. The technology webinar themed: ‘Repositioning Analytics and AI for Capital Market Growth in Nigeria’, will delve into the transformative potential...

  In line with its collaborative regulatory philosophy aimed at promoting a transparent and fair market, NGX Regulation Limited (NGX RegCo) organized a two-day workshop for retail shareholders in Nigeria between Thursday, 23 November and Friday, 24 November 2023. The workshop, themed “Rights and Responsibilities of Shareholders in Driving Corporate...

  The Central Bank of Nigeria (CBN) has mandated banks in the country to begin automatic debit of chronic debtors in the country. The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, revealed that over N10 trillion has been loaned to customers under various intervention schemes. According to...

In a bid to further deepen the capital market in Nigeria through the issuance of Islamic Finance instruments, Nigerian Exchange Limited (NGX) and Islamic Development Bank Institute (IsDBI) collaborated on a capacity building workshop for Issuers and Investors. The workshop, held at the Exchange Group House in Lagos on Tuesday,...

C & I Leasing Plc says it will continue to leverage technology to improve operational efficiency and business acquisition for enhanced growth and development. The Chairman of the company, Dr Samuel Onyishi, said this while addressing shareholders at the company's 32nd Annual General Meeting (AGM) in Lagos for the financial...

The NGX All-Share Index and Market Capitalization appreciated by 0.37 per cent to close the week at 71,112.99 and N39.108 trillion respectively. Similarly, all other indices finished higher with the exception of NGX Main Board, NGX Banking, NGX Industrial Goods and NGX Sovereign Bond which depreciated by 0.11%, 0.04%, 1.18%...

In adherence to its role as a Self-Regulatory Organisation (SRO) committed to advancing market development and fostering a robust and sustainable equity market, NGX Regulation Limited (NGX RegCo) introduces "EquipHER." An initiative dedicated to empowering women and driving inclusive growth within Nigeria's Equity Market. To inaugurate the implementation of EquipHER,...

  The Central Bank of Nigeria (CBN) has extended the validity of the old N200, N500 and N1,000 notes indefinitely . The apex bank’s Director, Corporate Communications, Isa AbdulMumin in a statement titled, “CBN To Allow Old Design Naira Banknotes As Legal Tender, Ad Infinitum” on Tuesday, said the decision...

Shareholders of Sterling Financial Holdings Company Plc have commended the board and management of the company for its performance in its operations and earnings, and the diversification of the group’s business lines since completing the transition to a holding company structure. This commendation was shared at the recently held statutory...