Heritage Bank, Xplo-Sound, adopt Ynspyre to grow entertainment industry
Heritage Bank has disclosed plans to further adopt Ynspyre, a digital product to help cater and deepen support for professionals and amateurs for the creative and entertainment industry’s growth. The bank stated that in a bid to further expand its…
NGX All-Share Index extends losing streak, down 6bps
The Lagos bourse extended its losing streak for the third consecutive session as the benchmark index shed 0.06% to close at 51,556.54 points, the lowest point since 22 June. Losses in GTCO (-0.73%), UBN (-9.76%) and INTBREW (-5.26%) were sufficient…
NGX, GSE Chart ways for Capital Market Collaborations
Nigerian Exchange Limited (“NGX” or “The Exchange”) hosted the leadership of Ghana’s Securities and Exchange Commission, Ghana Stock Exchange and Central Securities Depository (GH) LTD to a Closing Gong Ceremony on Tuesday, 5th July 2022 to deepen regional collaborations. In…
NGX All-Share Index dips further, down 0.40%
Bearish sentiments drove the domestic bourse today as the NGX All-Share Index closed 0.40% lower to 51,586.5 points – the lowest point since 22 June, marking its second successive session decline. Selloffs in BUAFOODS (-6.36%), ZENITHBANK (-2.04%) and FBNH (-5.63%)…
Ghana SEC visit to NGX
L – R shows Dr. Femi Oyenuga, Chief Digital Officer, Nigerian Exchange Limited (NGX); Irene Robinson – Ayanwale, Divisional Head, Business Support Services, NGX; Ms. Abena Amoah, Deputy Managing Director, Ghana Stock Exchange (GSE); Mr. Jude Chiemeka, Divisional Head, Capital…
DMO lists N2506b Sukuk on Nigerian Exchange Limited
The Debt Management Office (DMO) has listed the N250billion, 10-year 13% Ijarah Sovereign Sukuk due 2031, on Nigerian Exchange Limited (NGX), on Tuesday, 5 July 2022. The Ijarah Sovereign Sukuk was successfully listed on NGX, having fulfilled the conditions set…
LIRS upgrades eTax payment procedures for seamlessness
The Lagos State Internal Revenue Service (LIRS) is currently optimizing its payment procedures for utmost efficiency and taxpayers’ convenience. The Executive Chairman of the Lagos State Internal Revenue Service, Mr Ayodele Subair, in a statement issued on Sunday, said the…
Investors trade N485.4bn worth of equities in Q2
Both local and foreign investors on the Nigerian Exchange Limited (NGX) traded N485.4billion worth of equities in the second quarter (Q2) of 2022. This is an increase of 40.11per cent when compared to N346.43 billion traded in the first quarter…
CBN gives December deadline for banks to comply on cyber security framework
The Nigerian apex bank, Central Bank of Nigeria (CBN) has given all banks in the country a deadline of December 1, 2023 to fully comply with the Cyber Security Framework or risk shutdown. According to the Apex Bank, the directive…
NGX, GRI, PRI, unite to boost awareness on ESG Data Metrics
Nigerian Exchange Limited (NGX), Global Reporting Initiative (GRI) Africa and Principles for Responsible Investment (PRI) organized a webinar tagged “Empowering Responsible Investing through Data Metrics and Environmental, Social and Governance (ESG) Integration”, on Wednesday, 29 June 2022. Speaking at the…
