Kelechukwu Mgboji
The Nigerian Exchange closed the week on a very bullish note, capping five consecutive sessions of bullish activities that added a staggering N1.08 trillion to investors’ wealth. The NGX All-Share Index (ASI) surged by 1.37…
Kelechukwu Mgboji
Ecobank Transnational Incorporated (ETI) has commenced a $250 million private placement to raise Additional Tier 1 (AT1) capital through contingent convertible notes, reinforcing its capital buffers and fortifying its long-term strategic position within Africa’s competitive…
Kelechukwu Mgboji
Nigeria’s external reserves slipped further in June 2025, underscoring the persistent pressure on the country’s foreign exchange buffers despite modest gains in foreign portfolio inflows and a strengthening naira. According to the latest data released…
Kelechukwu Mgboji
In a remarkable display of bullish momentum, Nigeria’s equities market posted its highest weekly gain of the year, as a surge in investor appetite for banking and insurance stocks propelled the Nigerian Exchange (NGX) to…
Kelechukwu Mgboji
The Director General, Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has raised the alarm on the escalating threat posed by virtual asset fraud and investment scams, cautioning that these digital-era crimes risk eroding market…
New Telegraph
Recently, UBA Group senior executives concluded the Group’s Half Year Business Review, which presented an opportunity to restate the Group’s pan-African strategy, and commitment to further expanding coverage across high potential markets in Africa, while…
Kelechukwu Mgboji
The Nigerian Exchange (NGX) extended its bullish streak yesterday, recording one of its most robust performances in recent months, as the All-Share Index (ASI) surged by 2.01 per cent to close at 124,446.80 points. This…
Kelechukwu Mgboji
In a major milestone for Nigeria’s banking sector, Guaranty Trust Holding Company Plc (GTCO) has secured admission to the Official List of the United Kingdom’s Financial Conduct Authority (FCA) and commenced trading on the main…
New Telegraph
The Alternative Bank has reaffirmed its commitment to driving sustainable development across Africa ahead of the highly anticipated 2025 Africa Social Impact Summit (ASIS). Co-convened by the Sterling One Foundation and United Nations Nigeria, ASIS…
Kelechukwu Mgboji
The Nigerian equities market sustained its bullish trajectory on Wednesday, with the benchmark NGX AllShare Index (ASI) rising by 0.28 per cent to settle at 121,989.67 points just as the market capitalisation increased by N76.97…
