By Taiye Olayemi Universal Insurance Plc has concluded arrangements for its proposed N3.2 billion rights issue, following the execution of transaction documents at a signing ceremony held in Lagos. The ceremony marked the completion of the preparation phase for the offer and cleared the path for existing shareholders to participateContinue Reading

By Ginika Okoye The President of the Capital Market Academics of Nigeria (CMAN), Prof. Uche Uwaleke, has called for an independent oversight committee involving capital market investors in the annual auditing of the Unclaimed Funds Trust Funds (UFTF). Uwaleke disclosed this in an interview with the News Agency of NigeriaContinue Reading

By Grace Alegba Some financial experts have emphasised the need for strong risk management and ethical governance to ensure that bank recapitalisation drives deliver sustainable economic growth. The experts made this known on Thursday at a virtual Risk Roundtable organised by the Association of Enterprise Risk Management Professionals (AERMP). TheContinue Reading

By Taiye Olayemi Nigerian Exchange Group (NGX Group) has partnered with the Federal Ministry of Women Affairs and Social Development to strengthen women’s economic empowerment and promote greater gender inclusion in Nigeria’s capital market. The collaboration was highlighted during a strategic visit by the Minister of Women Affairs and SocialContinue Reading

By Ginika Okoye Stakeholders in the financial and capital market sectors have called on African governments to invest in infrastructure and encourage innovations to support long-term productivity and integration. The stakeholders made the call at the 3rd Prof. Uche Uwaleke PUU Colloquium on the Capital Market, in Abuja. They saidContinue Reading