The market capitalisation of the Nigerian Stock Exchange (NSE) on Thursday advanced by N26 billion to hit N13 trillion mark. Specifically, the market capitalisation closed higher at N13.005 trillion compared with N12.979 trillion recorded on Wednesday. In the same vein, the All-Share which opened at 24,882.04 improved by 48.30 points or...
Coca-Cola Nigeria launches a new campaign, “Open Like Never Before”, its first since COVID-19 changed the world in so many ways. Coca-Cola in Nigeria temporarily suspended all planned marketing activity in April, redirecting resources towards communities and supporting its most affected retail partners. Alongside its bottling partners and The Coca-Cola Foundation,...
The Nigerian Capital Market Institute, NCMI is poised to enhance the market development role of the Securities and Exchange Commission by providing excellent capital market education to stakeholders in a bid to deepen the Nigerian Capital Market as well as boost investments in the capital market. This was stated by...
The Nigerian Ports Authority (NPA) says it is expecting 17 ships laden with petroleum products, food items and other goods from July 29 to Aug. 7. The NPA made this known in its publication, `Shipping Position’, a copy of which was made available to the News Agency of Nigeria (NAN)...
Director General of the Securities and Exchange Commission(SEC), Mr. Lamido Yuguda has pledged the determination of the current management of the Commission to make the capital market more accessible to Nigerians in a bid to attract more investors. Yuguda who spoke during an interview in Abuja weekend, said this would...
The Securities and Exchange Commission, SEC has restated its preparedness to collaborate with the National Information Technology Development Agency, NITDA in a bid to foster safe conduct of transactions and usage of personal data in the Nigerian capital market. Director General of the SEC, Mr. Lamido Yuguda stated this during...
The continued implementation of the Ten-year Capital Market Master Plan will be one of the major focus of the new management of the Securities and Exchange Commission (SEC). Yuguda resumed on Monday July 6 alongside the Executive Commissioners namely: Reginald Karawusa, Ibrahim Boyi and Dayo Obisan. The new management team brings...
The capital market community has supported the Kano State Government's fight against Covid-19 with the donation of a brand new fully equipped ambulance, a statement by the Securities and Exchange Commission (SEC) has said. SEC said, Kano State Governor, Abdullahi Ganduje who received the donation, described it as timely and...
TAJBank, Nigeria’s most innovative Non–Interest financial institution has announced a 150 billion naira Sukuk Bond as appointed by the Federal Government of Nigeria. TAJBank is Nigeria’s 2nd Non-Interest Financial Institution.  The Bank received its license from the Central Bank of Nigeria on July 12th 2019. The Bank offers an exciting array...
The Securities and Exchange Commission, SEC has reminded regulated entities in the capital market to continue to make adequate disclosures on the impact of COVID-19 on their businesses. This was contained in a circular by the Commission to provide update to stakeholders within the Capital Market, Monday. According to the circular,...