By Itohan Abara-Laserian The Chartered Institute of Bankers of Nigeria (CIBN) has stressed the need for robust synergy between the money and capital markets to foster sustainable economic development. Dr Bayo Olugbemi, President/Chairman of Council,…
By Itohan Abara-Laserian FMDQ Securities Exchange Ltd., has approved the listing of FSDH Funding SPV Plc N7.05 billion tranche A and N4.95 billion tranche B series 1 fixed rate bonds on its platform. FSDH Funding…
By Ginika Okoye The Securities and Exchange Commission (SEC) says it will stop operations of the Capital Market Operators (CMOs) yet to renew their registration on May 31. The commission disclosed this in a circular…
By Chinyere Joel-Nwokeoma The nation’s bourse opened trading for the new week on Monday on a positive note with a growth of N59 billion, following interests in Tier 1 banks. Specifically, the market capitalisation which…
By Olatunde Ajayi Multinational Telecommunications Companies, Ericsson and Samsung have signed a multi-year agreement on global patent licences, including patents relating to all cellular technologies. The agreement covers sales of network infrastructure and handsets from…
By Chinyere Joel-Nwokeoma The Lagos Commodities and Futures Exchange (LCFE) has concluded plans to admit Dukia Gold‘s diversified financial instruments, backed by gold as the underlying asset in a sector worth over N300 trillion. Dukia…
By Emmanuella Anokam The Federal Government has urged the new Executive Secretary of the Financial Reporting Council of Nigeria (FRCN), Alhaji Adamu Ahmed, to enhance accounting standards in accordance with its Act. Otunba Adeniyi Adebayo,…
By Chinyere Joel-Nwokeoma Transcorp Hotels Plc is targeting a revenue of N28 billion and occupancy of 70 per cent by 2025. The company’s Managing Director/Chief Executive Officer, Mrs Dupe Olusola, said this at the virtual…
By Evangeline Opara The Nigerian Export Promotion Council (NEPC) has charged Small and Medium Enterprises (SMEs) to embrace modern packaging of their products to make required impact on both domestic and export markets. The Executive…
By Chinyere Joel-Nwokeoma The market capitalisation of the Nigerian Stock (NGX) recorded a growth of N419 billion in April due to impressive first quarter results declared by some companies. Specifically, the market capitalisation which closed…
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