Fit Row

Champion Breweries raises N42bn for bullet acquisition Champion Breweries Plc has said it is raising N42bn through a public offer of ordinary shares to fund the acquisition of the Bullet brand portfolio and strengthen its growth strategy, according to a... Read More →

Nigeria’s asset valuations to rise in 2026 – Report Asset valuations in Nigeria will begin to rise in response to the improved environment, indicating that acquisition pricing seen in 2024 and 2025 will be the lowest entry point over the... Read More →

Access ARM Pensions grows assets above N4tn Access ARM Pensions has exceeded the N4tn mark in assets under management, marking a major milestone and underscoring the strong momentum following the merger of Access Pensions and ARM Pensions. The achievement represents... Read More →

Mutual Benefits chairman cuts stake with 850,000-share sale The Chairman of Mutual Benefits Assurance Plc, Akinade Ogunbiyi, has reduced his shareholding in the company following the sale of 850,000 ordinary shares, according to an insider trading disclosure filed with the... Read More →

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 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 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 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   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 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 →