Fit Row

NSITF Injects N1bn into Economy Through Workers’ Compensation Payouts The Nigeria Social Insurance Trust Fund (NSITF), has said that it has boosted Nigeria’s economy with over N1 billion in compensation payments to employees and families of deceased workers — a... Read More →

Equities market rebounds with N1tn investor gain The Nigerian Exchange Limited continued its bullish trading on Thursday, as the All-Share Index rose by 1.08 per cent to close at 146,981.17 points. Investors also recouped some of their losses from the... Read More →

Afreximbank backs Africa metals, minerals processing with $300m The Fund for Export Development in Africa, the development equity impact investment arm of the African Export-Import Bank (Afreximbank), has announced a $300m strategic investment in the Africa Minerals and Metals Processing... Read More →

FG unveils Nigerian content equity fund for oil companies The Federal Government, through the Nigerian Content Development and Monitoring Board, has announced the imminent launch of the Nigerian Content Equity Fund. The board said this is a financing initiative designed... Read More →

Stakeholders push gold value addition in African finance Stakeholders in the African finance and extractive sectors have called for greater value addition and integration of gold into financial systems across the continent to enhance economic resilience and wealth creation. Speaking... Read More →

NASD: Norrenberger’s N1.3 billion bet shakes up Nigeria’s OTC market  Norrenberger Securities Limited has acquired a 4.35% strategic stake in NASD Plc for a stunning N1.3 billion, in what industry watchers described as the most significant institutional vote of confidence... Read More →

Presco begins N236.67bn rights issue Presco Plc has announced the commencement of its N236.67bn rights issue on the Nigerian Exchange Limited. In a corporate disclosure on Wednesday, the rights issue offers current shareholders of the company an opportunity to buy... Read More →

TotalEnergies eager to develop oil assets — Deputy MD TotalEnergies EP Nigeria is racing to unlock the full potential of its oil assets in Nigeria, driven by what the company describes as a “desperation” to optimise existing fields and accelerate... Read More →

Senator urges review of 30% capital gains tax The Chairman, Senate Committee on Capital Market and Institutions, Senator Osita Izunaso, has called for a review of the controversial 30 per cent Capital Gains Tax on share sales, warning that the... Read More →

Equities market rebounds as investors gain N2.59tn A day after a 5.01 per cent decline in the All-Share Index of the Nigerian Exchange Limited, it rebounded to close trading in the green zone for the first time in days. Both... Read More →