New Telegraph

September 29, 2023
NGX Admits FCMB’s N20.69BN Bond

NGX Admits FCMB’s N20.69BN Bond

The FCMB Group has listed N20.69bn bond on the Nigerian Exchange Limited. In a market bulletin signed by Lilian Dako for the Head, Listings Regulation Department of NGX Regulation, to capital market operators, the NGX…

Afreximbank Charges African Leaders on ETCs’ Growth

Afreximbank Charges African Leaders on ETCs’ Growth

The African Export- Import Bank (Afreximbank) has called on African countries to pay more attention to the development of public and private Export Trading Companies (ETCs) in order to position the continent’s small and medium…

Transcorp Secures NGX Free Float Compliance

Transcorp Secures NGX Free Float Compliance

Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group, has achieved full compliance with the Nigerian Exchange’s (NGX) free float requirement for companies listed on its Main Board through free-float market capitalisation. This comes following…

Investors Trade N2.15BN Shares Of UBA, Access, Zenith Bank

Investors Trade N2.15BN Shares Of UBA, Access, Zenith Bank

Shares worth N2.153.881bn from three Tier-1 banks ex- changed hands at the Nigerian Exchange Limited (NGX) on Tuesday. This figure is almost half of the total value of shares of quoted companies listed on the…

Access Bank, Others Win BudgIT’s 2023 ‘Active Citizens’ Awards

Access Bank, Others Win BudgIT’s 2023 ‘Active Citizens’ Awards

BudgIT, a prominent civic-tech organization promoting transparency, accountability, and effective service delivery in Nigeria, has announced the winners of its 2023 Active Citizens Awards. According to a press release issued by the organisation, the recently…

Wema Bank, Selar Partner to Empower African Creatives

Wema Bank, Selar Partner to Empower African Creatives

Pioneer of Africa’s first fully digital bank, ALAT, Wema Bank has partnered with Selar, Africa’s largest creator platform, to empower African creatives and bridge the prevalent gaps in the African creative space. According to press…

CBN to Roll Over N177.12BN Maturing Treasury Bills Today

CBN to Roll Over N177.12BN Maturing Treasury Bills Today

The Central Bank of Nigeria (CBN) will today (Thursday), at its Primary Market Auction (PMA), roll over maturing Treasury Bills worth N177.12 billion across the 91-day (N1.75 billion), 182-day (N1.56 billion) and 364- day (N173.81…

Kaduna Electric Begins Refund To Customers for MAP Meters

Kaduna Electric Begins Refund To Customers for MAP Meters

Kaduna Electric announced that it had since started refunding customers who bought meters under the Meter Asset Provider (MAP) scheme. The company disclosed this in a statement issued in Kaduna and signed by Head of…

Oil Climbs Over $96 as Tight Supply Dominates

Oil Climbs Over $96 as Tight Supply Dominates

Oil prices surged about three per cent yesterday after U.S. crude stocks fell more than expected, adding to worries of supply tightness amid OPEC+ production cuts. Brent crude futures traded at $96.51 a barrel by…

Meter: Manufacturers Back Adelabu on Universal Metering Plan

Meter: Manufacturers Back Adelabu on Universal Metering Plan

The Association of Meter Manufacturers of Nigeria (AMMON) has said that it is committed to supporting the Minister of Power, Adebayo Adelabu, in his efforts to address issues with the power sector and achieve the…