In a bid to foster collaboration and enhance the understanding of the opportunities and challenges associated with the integration of capital markets in the West African region, the African Development Bank and the West African Monetary Institute are set to host a Capacity Building/Sensitization Program on West African Capital Markets Integration (WACMI) Phase II Project.
Tag: Capital Market
Unity Bank Posts N36.18 Billion Gross Earnings in Nine Months; Records 23% Growth in Profit
Nigerian lender, Unity Bank Plc has declared gross earnings of N36.18Billion for the nine-month period ended September 30, 2021, and a 23% growth of PAT totalling N1.94Billion for the same period.
NGX Market Indices Extend Gain By 0.12%
Activities on the domestic equities market closed Wednesday on a positive note, extending the gaining streak to five consecutive trading sessions.
NGX Doubles Down On Goal For Financial Inclusion, Empowering Individual Investors
Nigeria, a country with an adult population of 106 million, offers a vast market for financial services. Despite this, it faces the expectation of a 16.8% shortfall in meeting its financial inclusion target.
Nigerian Equities Ranked as The Best Investment Asset Class To Hedge Against Inflation
Equity market of Nigerian Exchange (NGX) has been ranked as the best investment asset class to hedge against inflation from August 2020 to August 2021.
COVID-19: CMSCC Donates 2000 Protective Suits To Lagos
The Capital Market Support Committee for COVID-19 (CMSCC) has donated 2000 protective suits to the Lagos State Government to help battle the current third wave of COVID-19 pandemic in the state.
SEC Harps On Resilient Capital Market
The Securities and Exchange Commission has expressed the need for the capital market to be strengthened to accelerate domestic production and employment given the direct correlation between increase in production and job creation. To achieve this, Director General of the SEC, Mr. Lamido Yuguda said there is the need to leverage the capital market […]
N18 Billion Ponzi Fraud: SEC Caution Investors On High Yielding Investment Schemes
Against investors’ quest for high yielding investment schemes, the Securities and Exchange Commission (SEC), has warned that, it’s majorly a ploy by Ponzi scheme operators at deceiving unsuspecting investors and defrauding them of their money.
Oando Share Price Up 10% On Settlement With Regulator
Shareholders of Oando Plc have heaved a sigh of relief, after months of lull in the activities of the leading indigenous oil conglomerates on the trading floor of Nigerian Stock Exchange (NSE), as the company saw transaction rising by 10 per cent in its share price in three days.
NGX CEO Engages Institutional Clients On Market Development
Chief Executive Officer, Nigerian Exchange (NGX) Limited, Mr. Temi Popoola, hosted an engagement session with Institutional clients on Monday, 26 July 2021.