30 results
- 20 Feb 2018
MTN Targets $1Bn from Nigeria, Ghana Listing
MTN could raise a total of US$1bn when it lists on both the Nigeria and Ghana stock exchanges later this year. According to Kofi Yamoah, CEO, Ghana Stock Exchange (GSE) MTN Ghana will officially…
- 30 Jun 2008
Omatek Lists on the Nigeria Stock Exchange
Omatek Computers, computer giant, has become the first computer manufacturing company to be listed in the Nigerian Stock Exchange As Africa’s pioneering completely knocked down (CKD) casing…
- 30 Sept 2017
Ecobank Sets Year-End Deadline for $400m Bond
Ecobank Transnational Incorporated (ETI) Plc, the pan-African financial services holding company for the Ecobank group, on Thursday indicated that it plans to complete its forthcoming $400 million…
- 19 Jul 2026
Access Holdings Sells 7.44% Stake in Ghana Unit
Access Holdings Plc has completed the sale of a 7.44% stake in its Ghanaian subsidiary, a move believe is tied to a Central Bank of Nigeria (CBN) rule capping how much local banks can hold in foreign…
- 2 May 2018
West Africa Exchange Targets Telecoms Listings
West Africa’s stock exchange, BRVM, targets listings by the region’s telecoms firms and partnerships with international clearing houses to attract more foreign investors, its chief executive said on…
- 27 Sept 2016
AfDB Approves $310m Trade Facilitation Loan for Ecobank Transnational
The Board of Directors of the African Development Bank (AfDB) has approved a US $310 million trade finance loan for Ecobank Transnational Incorporated, parent company of the Ecobank Group. Through…
- 26 Mar 2018
MTN Ready to List on NSE in Q2
MTN is to list its Nigerian Business (“MTNN”), which is estimated to be worth about $6 billion, on the Nigerian Stock Exchange by next quarter. The company has obtained shareholder approval…
- 9 Oct 2023
SecondSTAX Partners NGX to Drive Investment from Across Africa into Nigeria’s Capital Markets
SecondSTAX, a technology company that is building solutions to enhance intra-Africa capital and investment flows, has announced a new partnership with the Nigerian Exchange Limited (NGX) that will…
- 6 Nov 2013
CWG Makes History as First Firm to List on X-Gen
Computer Warehouse Group Plc (CWG) will make history on November 15, as the first company to be listed on X-Gen, the new trading engine being unveiled by the Nigerian Stock Exchange (NSE). X-Gen is…
- 18 Dec 2025
Why Econet Wireless is Switching to VFEX
After nearly 30 years on the Zimbabwe Stock Exchange (ZSE), Econet Wireless, the country’s biggest technology company, is preparing to leave the bourse and move its property and infrastructure assets…
- 2 Mar 2018
Helios Towers Plans London Listing
African mobile towers operator Helios Towers plans to list on the London Stock Exchange in early April, it said on Friday, with an expected valuation of about 2 billion pounds ($2.75 billion). Helios…
- 4 Jun 2026
London Strengthens Global Investment Ties with Africa @ First Ever London-Africa Business Summit
The Mayor of London, Sadiq Khan, has today hosted City Hall’s first ever London-Africa business summit, bringing together 200 business and political leaders from across the continent to strengthen…
- 3 Jul 2015
Guinness Nigeria Makes Leadership Changes
Guinness Nigeria Plc, a subsidiary of Diageo Plc, has announced that, in line with its recent communication on leadership change in the company, Mr. John O’Keeffe will resume in his new role as…
- 14 Mar 2023
SEC says PAPSS Implementation will Aid Capital Market Diversification
The Securities and Exchange Commission (SEC) has said that it is excited about the implementation of the Pan-African Payment Settlement System (PAPSS) as it will encourage intra-African trade and aid…
- 1 Dec 2020
NAICOM Grants Operating License to Enterprise Life Assurance
The Nigerian National Insurance Commission (NAICOM) has granted Enterprise Life Assurance Company (Nigeria) Limited license to commence operations in the country. This comes after the company met the…
- 10 Nov 2013
First Bank to Take Over ICB West Africa
FBN Holdings has said that one of its subsidiaries, First Bank of Nigeria Limited is proposing 100 per cent equity interest in the West African banking assets of International Commercial Bank (ICB)…
- 10 Feb 2019
Phase3 Named among "Companies to Inspire Africa" in 2019
Phase3 Telecom, West Africa's largest independent telecommunications infrastructure, has been penned as one of such in the technology and telecoms space by the London Stock Exchange Group (LESG).…
- 10 Apr 2018
MTN Delays Listing on NSE, Watches Market Conditions
MTN Group Ltd. expects the listing of its Nigerian unit on the Nigerian stock exchange (NSE) to be done by the end of 2018, Rob Shuter, CEO said, after suggesting in November that the process would…
- 30 Jul 2013
NSE to Unveil X-Gen, New Trading Platform
Nigerian Stock Exchange (NSE) is to introduce a new electronic trading platform called X-Gen, which will allow investors, stockbrokers and other stakeholders to access the market from everywhere at…
- 29 May 2018
MTN Ghana to Raise Nearly $750 million in IPO
MTN’s Ghana business is seeking to raise 3.47 billion cedis ($743 million) in a 35 percent initial public offering to be launched on Tuesday, sources involved in the IPO said. In what is expected to…
- 6 Jul 2018
MTN Nigeria Begins IPO in August
MTN Nigeria’s Initial Public Offering (IPO) has been set for August as part of MTN’s plans to restructure debts and fund local investments in Nigeria with its local currency, according to…
- 19 Apr 2021
Konga and the $10Bn Target by 2026
By Dr. Aje Boluwatife. The Nigerian e-Commerce sector is a much-touted lucre that has attracted a number of players. The growing interest is buoyed by the rise in a youthful population, growing…
- 12 Nov 2015
Programos Expands Capital Market Presence with CiFIXProStock Trading Software
Programos Software Group, an indigenous software company with expertise in the computerization of business transactions in the capital markets in Africa, notably Nigeria and Ghana is strengthening…
- 29 Jul 2026
Clydestone Ghana Sues MTN Over Mobile Money
Clydestone Ghana Plc has filed a writ of summons and statement of claim against MTN Ghana, MTN Group Limited and Mobile Money Fintech Limited, alleging unauthorized use of its intellectual property.…
- 24 Jul 2020
VFD Group Plans IPO on the NSE in 2022
VFD Group, a proprietary investor in financial services companies, is targeting a 2022 initial public offering on the Nigerian stock exchange, CEO Nonso Okpala tells The Africa Report. The…
- 6 Mar 2015
GTBank Declares Profit Before Tax of N116.39Bn for 2014
Guaranty Trust Bank plc, foremost African Banking Group, has released its audited financial results for the year ended December 2014 to the Nigerian and London Stock Exchanges. A review of the…
- 13 Sept 2019
Helios Towers Makes Another U-Turn in London Listing Bid
African telecoms operator Helios Towers has rekindled plans to list on the London Stock Exchange (LSE). In March last year, the company ditched its bid to launch an initial public offering (IPO) in…
- 17 Apr 2015
GTBank Declares Q1 2015 PBT of N32.65bn
Guaranty Trust Bank plc has released its unaudited financial results for the first quarter ended March 31, 2015 to the Nigerian and London Stock Exchanges. A review of the Q1 2015 results shows that…
- 18 Sept 2013
Famous Brands Buys 49% of Mr Bigg’s
Famous Brands, a public company listed on the Johannesburg Stock Exchange in South Africa said it had bought 49 percent of Nigeria’s UAC Restaurants (UACR) for an undisclosed sum. Larry Ettah, UAC…
- 15 Mar 2024
Helios Towers Aims at Cash Flow Inflection Point this Year
Helios Towers, which is listed on the London Stock Exchange, anticipates the financial year (FY) 2024 to be the tipping point for free cash flow, and to continue growing beyond that. Tom Greenwood,…