Fit Row

ETERNA PLC targets N21.52bn through rights issue to fund expansion and strengthen balance sheet EternaPlc has announced a N21.52 billion rights issue of 978,108,485 ordinary shares at N22 per share to strengthen its balance sheet and fund strategic expansion across... Read More →

Naira plunges to N1,950/£1 as holiday rush fuels British Pound Sterling surge The British Pound marginally depreciated toward the N1,935 support level at the official market and N1,950 at the unofficial market during the mid-week trading session. CBN data showed... Read More →

NGX Expands Market Offerings with Introduction of Commercial Paper Listings Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP) listings, following approval from the Securities and Exchange Commission (SEC), marking another significant expansion of its product suite in a year defined... Read More →

NGX extends bullish run with N97bn investor gain The Nigerian Exchange Limited extended its bullish trading on Thursday with a N97bn gain for investors. Both the All-Share Index and the market capitalisation inched up by 0.10 per cent to 145,476.15... Read More →

SEC set to launch USSD code, ISS Audio The Securities and Exchange Commission is set to unveil two innovative products: a USSD Service and ISS Audio, designed to democratise information dissemination and enhance investor engagement. In a statement on Wednesday,... Read More →

Raise standards in new tax regime, CITN urges professionals The President and Chairman of the Council of the Chartered Institute of Taxation of Nigeria, Innocent Ohagwa, has charged tax professionals across the country to rise to the demands of Nigeria’s... Read More →

AMCON repays N3.6tn, intensifies global asset hunt The Asset Management Corporation of Nigeria, the government-owned agency established in 2010 to stabilise and revitalise the Nigerian financial system, announced on Wednesday that it has so far repaid about N3.6tn to the... Read More →

NGX unveils commercial paper listings Nigerian Exchange Limited has introduced Commercial Paper listings, following approval from the Securities and Exchange Commission. In a statement from the NGX on Wednesday, the new market offering will deepen Nigeria’s short-term debt market. The... Read More →

FIRS clarifies new tax laws, debunks levy misconceptions The Federal Inland Revenue Service has stated that Nigeria’s newly enacted tax laws are designed to strengthen economic competitiveness, attract investments, and improve long-term fiscal stability. The agency also clarified that the... Read More →

Eterna launches N21.5bn Rights Issue Eterna Plc, one of Nigeria’s leading integrated energy companies, has finalised arrangements for a rights issue of 978,108,485 ordinary shares at N22.00 per share, expected to raise approximately N21.52 bn. The capital raise is designed... Read More →