Tag Archives: NGX

Nigeria’s banking sector has always stood at the center of the nation’s economic hopes. Yet, instead of fueling growth and wealth creation, the sector finds itself trapped in a cycle of fragility, weighed down by policies that appear more punitive than progressive.

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Nigerian Exchange Group (NGX Group) has reinforced its role as a trusted catalyst for market development by convening a high-level stakeholder dialogue on the Capital Gains Tax (CGT) provisions within the Tax Reform Act 2024, set to take effect in January 2026.

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The call for companies to give back to communities where they operates is one area most going concerns frown at, especially when viewed from the precinct of multiple taxation from the government to demands of most host communities which has been inimical to business operations.

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Speaking at its “Facts Behind the Figures” session on the NGX Nigerian Exchange (NGX) in Monday, Champion Breweries Plc (“Champion” or “the Company”) projected more than a five-fold increase in revenue and over ten times growth in profit after tax following the acquisition of Bullet, Nigeria’s No. 1 ready-to-drink (RTD) alcoholic brand.

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When the Federal Government announced with much fanfare that it had disbursed a colossal N330 billion in cash transfers to poor Nigerians, I paused, not in celebration, but in disbelief. Where, exactly, is the evidence of this money?

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Determined to enthrone a peaceful society for business to thrive, the Nigerian Army's nationwide operations, have recorded major gains as four terrorists were killed while 64 criminal suspects were arrested.

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In this chilling but fierce interview, Olivia (her pseudo name for security reasons) explains to Okosun Dennis, Nationalwire, her narrow escape from the jaws of death orchestrated by her husband, who desperately wanted her dead.

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Nigerian Exchange Group (NGX Group), has signed a funding agreement with DEG Impulse gGmbH, a subsidiary of the German Development Finance Institution, DEG - Deutsche Investitions-und Entwicklungsgesellschaft mbH, part of KfW Bankengruppe, to commence the implementation of its flagship NGX Net-Zero Programme (N-Zero).

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Nigerian Exchange Limited (NGX), a wholly owned subsidiary of Nigerian Exchange Group, and the International Finance Corporation (IFC), a member of the World Bank Group, have co-hosted a technical capacity-building workshop to advance labelled bond issuance in Nigeria, supporting the real sector and accelerating the country’s sustainable finance objectives.

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In a strategic move to position Nigeria’s capital market as a catalyst for cross-border investments, Nigerian Exchange Group Plc (NGX Group) and the Securities and Exchange Commission (SEC) have reaffirmed their commitment to fostering cross-border capital market partnerships.

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