Tag Archives: Investors

President Bola Tinubu says Nigeria is now ready for global business as ongoing reforms will be sustained for a more competitive economy that attracts foreign direct investment (FDI). Tinubu spoke on Thursday, in separate meetings on the sidelines of the New Global Financial Pact Summit in France’s Palais Brongniart. According …

MTN Nigeria has secured Securities and Exchange Commission (SEC) approval on an offer for the sale of 575 million ordinary shares in its Nigeria company. As a result the telecom company, MTN Nigeria has launched an equity book-build to qualified investors (Institutional Offer) and a fixed price to retail investors …

In keeping with the our commitment to ensuring a well-informed telecommunications sector, the Nigerian Communications Commission (NCC) has expanded its level of social media engagement by providing another avenue for informing the public of its regulatory initiatives through the NCC Global Connect Podcast Channel. The Executive Vice Chairman And Chief …

The Securities and Exchange Commission (SEC) on Friday said the total unclaimed dividends in the Nigerian capital market stood at N170bn as of December 2020. The Director-General, SEC, Mr Lamido Yuguda, said this at the second post-Capital Market Committee (CMC) virtual news conference. Yuguda said the figure had increased compared …

The Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu, has decried the shallowness of Africa’s financial market as depicted by the fact that no African exchange is among the Morgan Stanley developed markets index. He maintained that only two African exchanges (Egypt and South Africa) are in the …

Among the 36 Nigerian states, Ibadan became the second most attractive city for tech startups looking for a conducive business environment in the country. In terms of growth, Ibadan increased by over 600 places on the ranking, surpassing Nigeria’s capital, Abuja, and taking a spot closer to Lagos State. Nigeria …

The United States Mission in Nigeria said the suspension of Twitter in Nigeria undermines citizen’s fundamental freedom and sends a wrong message to investors. The Mission made its position known in a statement Saturday that it also shared on Twitter. “Nigeria’s constitution provides for freedom of expression. The Government’s recent …

The Securities and Exchange Commission (SEC) has urged investors in the capital market to register for e-dividend so that they can receive the benefits of their investments in the capital market. The Executive Commissioner Operations, SEC, Mr Dayo Obisan, made the call during an interview in Abuja over the weekend, …

Investors in the Nigerian capital market have raked in N552 billion in profit at the end of the second trading week of the year ended Friday 15 January, 2021 which closed in the green territory. The gain recorded after the weekly five trading sessions was driven by improved transactions at …

… DMO auctions N145bn FGN bonds Investors in the Federal Government of Nigeria (FGN) bond are expected to reap N160 billion as interest (coupon) payment in two consecutive weeks even as the Debt Management Office (DMO) auctions N145 billion worth of bonds on behalf of the federal government. FGN bond investors …