Tag: Nigerian capital market

NGX Trading Volume Falls 38% as Market Adapts to Landmark T+1 Settlement Reform

Business Damilola Bayonle -
NGX Records Sharp Decline in Trading Activity Trading activity on the Nigerian Exchange declined sharply during the week ended May...

Nigeria pension fund assets hit N28tn as contributor base surpasses 11 million

Business Damilola Bayonle -
Nigeria pension fund assets surge to N28tn as contributors exceed 11 million Nigeria’s pension industry has recorded another significant milestone,...

NGX, SEC and Police join forces to protect investors and safeguard Nigeria’s capital market

Business Damilola Bayonle -
Nigeria’s capital market regulators and law enforcement authorities have deepened collaboration in a strategic move aimed at strengthening capital...

30% CGT risks investor flight — Experts warn of shocking double tax burden and market fallout

Business Damilola Bayonle -
Capital Market Stakeholders Raise Concerns as 30% CGT Risks Investor Flight and Double Charge Nigeria’s financial markets are bracing for...

Elumelu becomes Seplat’s largest shareholder in landmark, $496m Deal

Business Damilola Bayonle -
The transaction through which Elumelu becomes Seplat’s largest shareholder underscores a carefully structured long-term investment strategy aligned with Heirs...

Dangote unveils dollar-denominated dividends ahead of landmark refinery IPO

Business Damilola Bayonle -
Dangote dollar-denominated dividends and the refinery’s ambitious 2026 public listing The President of the Dangote Group, Aliko Dangote, has announced...

SEC to seize CBEX’s N1.3tr cash as Tribunal probes mega ponzi scheme

Business Damilola Bayonle -
Why the SEC to seize CBEX’s N1.3tr cash marks a turning point in Nigeria’s fight against Ponzi schemes Nigeria’s capital...

Sustainable finance redefining investment strategies in Nigeria’s capital market — SEC DG

Business Damilola Bayonle -
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized that the global movement...

SEC settlement cycle reform: Nigeria moves to T+2 for market efficiency and investor confidence

Business Damilola Bayonle -
Nigeria’s capital market is on the verge of a major transformation as the Securities and Exchange Commission (SEC) announced...

First Securities Leads NGX Trading Rankings for July

Business Damilola Bayonle -
First Securities Brokers Limited (FSBL), the stockbroking arm of First Holdco Plc, has emerged as the top-performing brokerage firm...

SEC: TCN Still Under Our Watch

Business Damilola Bayonle -
The Securities and Exchange Commission (SEC) has reaffirmed its regulatory authority over Tourist Company of Nigeria Plc (TCN), declaring...

Foreign Investment Jumps 88% to N118.9bn on NGX

Business Damilola Bayonle -
Foreign portfolio investment (FPI) on the Nigerian Exchange Limited (NGX) surged significantly in May 2025, reaching N118.91bn, an 88.54%...