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Group Decries Poor Capital Market Performance, Blames SEC Management

The Capital Market Integrity, Transparency and Good Governance Group has written a letter to President Bola Tinubu over alleged poor performance of the capital...

SEC Blocks PZ’s Plot To Acquire AMCON Shares, Other Minority Stake

The Securities and Exchange Commission (SEC) has declined the request made by PZ Cussons Nigeria Plc to acquire all shares held by minority shareholders...

Abiru, Yuguda, Ndanusa, Other Stakeholders Hail NSUK VC’s Foresight In Setting Up Institute Of Capital Market Studies For Nasarawa Varsity

Stakeholders in the Nigerian capital market, the financial services sector and the academia have commended the foresight of the Vice Chancellor of Nasarawa State...

Abiru, Yuguda, Ndanusa, Other Stakeholders Hail Uwaleke’s Foresight In Setting Up Institute Of Capital Market Studies For Nasarawa Varsity

Stakeholders in the Nigerian capital market, the financial services sector and the academia have commended the foresight of Nigeria’s first Professor of Capital Market...

First Bank Holdings Penalised N39.26m For Breach Of NGX, SEC Regulations

First Bank Holding Plc has admitted breach of regulatory rules by the Group and its subsidiary, FBNQuest Merchant Bank.The breach occurred in 2023 when...

NGX Suspends Trading On Shares Of Glaxo SmithKline

The Nigerian Exchange Group Ltd has suspended trading on the shares of Glaxo SmithKline Consumer Nigeria Plc.The NGX made the disclosure in its weekly...

How CBN’s Forex Policy Forced Cadbury Plc Into Borrowing $23m As Company Seeks Debt Conversion

Cadbury Nigeria Plc is seeking to convert part of the $23m borrowed from Cadbury Schweppes Overseas Limited, its parented company to equity share, THE...

VFD Group Gets SEC Approval To Sell Over 63 Million New Shares To Existing Shareholders

VFD Group Plc, a company described as the ‘Berkshire Hathaway of Nigeria’ has received regulatory approval from the Securities and Exchange Commission (SEC) to...

Oando Fails To Settle Minority Shareholders 18 Months After Court Order

Oando Plc has again failed to obtain approval for the Scheme of Arrangement document from the Securities and Exchange Commission and the Nigerian Exchange...

NGX Seeks FG’s Approval To List Dollar-Denominated Companies

The Nigerian Exchange Limited (NGX) has called on the Federal Government to adjust regulations to allow the Exchange to admit companies that earn and...

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