Zenith Bank, AfCFTA Sign $1m Smart Portal Trade Understanding
Zenith Bank Plc, on Tuesday, signed a Memorandum of Understanding (MoU) with the African Continental Free Trade Area (AfCFTA) to build a smart portal for trade on the African continent. Under the arrangement, Zenith is to fund the single portal…
SEC, PENCOM, NGX plan Webinar on Securities Lending
In line with its commitment to enhance investor participation in the Nigerian capital market, boost secondary market liquidity, and facilitate savings mobilization to drive economic growth, Nigerian Exchange Limited (NGX) in collaboration with the Securities and Exchange Commission (SEC) and…
NGX facilitates FG’s infrastructure drive, admits DMO’s N130bn Sukuk
Nigerian Exchange Limited (NGX) announces the listing of the Federal Government’s N130 billion Sovereign Sukuk through the Debt Management Office (DMO) on its platform. The 10-year 15.64% Ijara Sukuk due 2032 was listed on NGX today, Thursday, 3 August 2023….
Access Bank flags off DiamondXtra Season 15, targets many customers
Access Bank has unveiled the Season 15 of its DiamondXtra Savings Promo at a well-attended event held at the bank’s Computer Village branch, Ikeja Lagos. Tagged XtraAwoof Season, the bank said the promo is part of an effort aimed at…
NGX partners UK government’s MOBILIST programme
Nigerian Exchange Limited (NGX) will partner with the UK government’s Mobilising Institutional Capital Through Listed Product Structures (MOBILIST) programme to enable greater investment toward achieving the United Nations Sustainable Development Goals (SDGs) in Africa through products listed on the Exchange….
NITDA warns on DDOS attack targeting critical national infrastructures
The National Information Technology Development Agency (NITDA), through its Computer Emergency Readiness and Response Team has detected activities of a hacktivist group targeting our vital digital infrastructure. The hacktivist group, known for its politically and religiously motivated cyber campaigns, poses…
Tinubu silent on repairing refineries, instant palliatives—Nigerians
Whereas majority of Nigerians who reviewed the address of President Bola Tinubu to the nation last night have argued that his silence over the state of the refineries is very disheartening. They also decried his quietness on providing instant palliatives…
Impressive earnings boost NGX market cap up by N1.8trn in July
Transactions at Nigerian Exchange Limited (NGX) closed the month of July 2023 on a positive note as earnings and dividend declaration from quoted companies helped NGX market cap gain N1.814 trillion. The gain was also supported by insider dealings among…
ESG Compliance Critical to FDIs in Capital Market – Chiemeka
The Divisional Head, Capital Markets at Nigerian Exchange Limited (NGX), Jude Chiemeka, has highlighted the importance of Environmental, Social, and Governance (ESG) compliance and the democratization of data in attracting investments and enhancing stock liquidity in the Nigerian capital market….
MPC votes to raise MPR by 25bps to 18.75%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) voted to increase the Monetary Policy Rate (MPR) further by 25bps to 18.75% at its July policy meeting. In addition, the Committee voted to narrow the asymmetric corridor…
