NGX champions $3bn climate capital initiative
NGX champions $3bn climate capital initiative The Nigerian Exchange Group, in collaboration with Germany’s development finance institution DEG and leading corporate players, has launched an initiative to accelerate Nigeria’s transition to net-zero and position local firms to access climate-linked capital... Read More →
Oyedele, LCCI back tax reforms to release investment capital
Oyedele, LCCI back tax reforms to release investment capital The Lagos Chamber of Commerce and Industry and the Chairman of the Presidential Committee on Fiscal Policy and Tax Reform, Taiwo Oyedele, have noted that the new tax laws will stimulate... Read More →
EU removes Nigeria from financial crime high-risk list
EU removes Nigeria from financial crime high-risk list The European Union has officially removed Nigeria from its list of high-risk jurisdictions for money laundering and terrorism financing, a decision expected to ease cross-border transactions and improve investor confidence. The update... Read More →
Recapitalisation: 20 banks hit capital mark ahead of deadline
Recapitalisation: 20 banks hit capital mark ahead of deadline The Central Bank of Nigeria has said that about 20 deposit money banks have already met the new capital requirements under the ongoing banking recapitalisation programme, as the apex bank shifts... Read More →
SEC hikes minimum capital for market operators in major reform
SEC hikes minimum capital for market operators in major reform Nigeria’s Securities and Exchange Commission has introduced a comprehensive revision of minimum capital requirements for nearly all capital market operators, marking the most significant overhaul since 2015. The changes, outlined... Read More →
ASHON Chairman: Inconsistent Policy Pose Biggest Challenges to Nigerian Capital Market
ASHON Chairman: Inconsistent Policy Pose Biggest Challenges to Nigerian Capital Market Congratulations on your election as the Chairman of Association of Securities Dealing Houses of Nigeria (ASHON). What is your general assessment of the current capital market environment? Thank you.... Read More →
RMB Nigeria leads Presco’s N236bn rights issue
RMB Nigeria leads Presco’s N236bn rights issue Rand Merchant Bank Nigeria Limited has acted as the lead issuing house of the N236bn rights issue undertaken by Presco Plc, working closely with Presco to structure, coordinate, and execute a seamless capital... Read More →