30 results
- 12 Jun 2023
Binance Distances Self from Binance Nigeria Limited
Binance, Top cryptocurrency exchange, has dissociated itself from Binance Nigeria Limited, stating that the banning of the operations of the Nigerian firm by the country’s Securities Exchange…
- 18 Oct 2021
Nigeria Exchange Slams N1Bn Fines on 40 Firms for Infractions
Nigeria Exchange Limited (NGX) has slammed N1 billion on 40 companies listed on the floor of the exchange for various market infractions. The fines were from 2020 to date. Analysis indicates that…
- 27 Dec 2024
NCC Enforces Disconnection of Exchange Telecommunications from MTN Nigeria
Nigerian Communications Commission (NCC) has announced its approval for the disconnection of Exchange Telecommunications Limited from MTN Nigeria Communications Limited due to unpaid interconnect…
- 15 Jun 2021
NG Clearing Limited Becomes Nigeria’s Premier Central Counterparty
Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC) has granted NG Clearing Limited (NG Clearing) registration to perform the function of a central counterparty…
- 4 Jul 2024
Nigeria Exchange Group confirms Jude Chiemeka as NGX CEO
Nigerian Exchange Group has announced the appointment of Jude Chiemeka as the Chief Executive Officer of Nigerian Exchange Limited. Jude Chiemeka Chiemeka’s appointment is to take effect from July 1,…
- 31 Oct 2019
NCC Grants 20 Firms ISP Licenses
Nigerian Communications Commission (NCC) has licensed 20 new internet service providers (ISPs) this year, bringing the total number of operators in the segment to 120. An Internet service…
- 5 Jul 2020
Reps to Grill Banks, Others over $30Bn Forex Racketeering
House of Representatives has summoned 24 banks and 14 oil companies over an alleged forex racketeering leading to an annual loss of over $30bn as revenue. The Joint House of Representatives Committee…
- 20 Sept 2020
CBN Investigates 55 Companies over Forex Infractions
Amidst sustained pressures on Nigeria’s official foreign exchange resources, the Central Bank of Nigeria (CBN), has opened investigations into foreign exchange transactions of 55 companies and…
- 17 Jul 2018
Samsung in N65m Copyright Infringement Suit in Nigeria
Eagle Eye Production Limited, an Abuja-based production company has slammed N65 million lawsuit against Samsung Nigeria and Ringier Media Nigeria Limited for allegedly using a part of its…
- 19 Mar 2024
inq.Digital Backs Payments Forum Nigeria
Inq. Digital Nigeria Limited has been announced as a sponsor of Payments Forum Nigeria maiden edition holding this Thursday in Lagos. inq. Digital Nigeria Limited, a subsidiary of inq. Group is an…
- 18 Aug 2024
MTN, others Get Permits to Generate Electricity
Nigerian Electricity Regulatory Commission has issued permits to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and others for mini-grid electricity generation,…
- 7 Aug 2024
MTN Nigeria Renegotiates Tower Lease Agreement with IHS, ATC Nigeria
MTN Nigeria has renegotiated its existing infrastructure sharing and master lease agreements with IHS Tower Nigeria Limited and ATC Nigeria Wireless Infrastructure Solutions Limited (ATC) . …
- 8 Apr 2024
Multichoice Nigeria Reportedly Defrauded of N7.9Bn
Multichoice Nigeria Limited, owners of DStv and GOtv, popular cable television services was allegedly defrauded of the total sum of N7.9 billion. Premium Times citing court documents reported that…
- 9 Sept 2024
EverQuest Acquires FBNQuest
FBN Holdings Plc has announced the sale of its 100 per cent equity stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. A statement filed with the Nigeria Exchange Limited by the…
- 18 May 2022
Access Bank emerges Best Performing Stock, Awosika Best Chairman of the Year
Access Bank has emerged the best performing stock in 2021 by the Nigeria Exchange Limited (NGX). The Bank earned this recognition at the 2022 Nigerian Investor Value Awards (NIVA) organised by…
- 3 Jun 2021
FMDQ Exchange Admits Union Bank’s Series 8/9 Commercial Papers
The FMDQ Securities Exchange Limited, has approved the Quotation of the Union Bank of Nigeria Plc, ₦2.58 billion Series 8 and ₦32.38 billion Series 9 Commercial Papers under its ₦100.00 billion…
- 16 Nov 2021
MTN Nigeria’s N110Bn Bond Listed on FMDQ
FMDQ Securities Exchange Limited has agreed to list MTN Nigeria’s N110 billion series 1 senior unsecured fixed rate bond. Karl Toriola, chief executive officer, MTN Nigeria, said this in a statement…
- 26 Aug 2024
Ecobank Launches Custody Business in Nigeria
Ecobank Nigeria limited has launched custody business operation in Nigeria. This follows the acquisition of regulatory approvals from Securities and Exchange Commission (SEC) and the Central Bank of…
- 23 Mar 2026
DLM SPV PLC Lists ₦9.00bn AAA-Rated Medium-Term Notes on FMDQ Exchange, Sets Benchmark in Corporate Bond Market
FMDQ Securities Exchange Limited ( “FMDQ Exchange” or “the Exchange” ) has approved the listing of DLM SPV PLC’s ₦7.30 billion Series 1 (Tranche A) and ₦1.70 billion Series 3 (Tranche B) Plain…
- 30 Oct 2016
IHS Announces Settlement of $800m Bond
IHS Netherlands Holdco B.V., which owns 100% of IHS Nigeria Limited (“IHS Nigeria”) the Nigerian subsidiary of IHS Holding Limited (“IHS”), the largest mobile telecommunications infrastructure…
- 25 Aug 2021
FMDQ Exchange Admits N19.6bn FSDH Merchant Bank’s CPs
FMDQ Securities Exchange Limited (‘FMDQ Exchange) said it has admitted N19.6billion FSDH Merchant Bank Limited’s Commercial Papers (CP) Issuance Programme on its platform. The Exchange, in a…
- 12 May 2021
FSDH Funding SPV Lists N12bn Bonds on FMDQ Exchange
FMDQ Securities Exchange Limited has approved the listing of the FSDH Funding SPV Plc’s N7.05 billion Tranche A and N4.95 billion Tranche B Series 1 Fixed Rate Bonds, under the company’s N30 billion…
- 10 Feb 2022
NOVA Merchant Bank Registers N50Bn CP on FMDQ Exchange
FMDQ Securities Exchange Limited has approved the registration of the NOVA Merchant Bank Limited N50.00 billion Commercial Paper (CP) programme on its platform, following the due diligence of its…
- 5 Jul 2021
NGX Suspends Royal Exchange, 3 Others
Nigerian Exchange (NGX) Limited has suspended trading on shares of Royal Exchange Plc, African Alliance Insurance Plc, Niger Insurance Plc and Tourist Company of Nigeria Plc. They were stopped from…
- 21 Dec 2009
Otudeko Emerges FirstBank Chairman
A change of baton has taken place in Nigeria’s premier financial institution, First Bank of Nigeria Plc, as Dr. Oba Otudeko, an erstwhile non-executive director, was elected on Tuesday by the…
- 6 Sept 2022
FMDQ Exchange Admits N2.28bn Accelerex SPV Bond
The FMDQ Securities Exchange Limited (FMDQ Exchange) has announced the admission for listing on its platform, the Accelerex SPV PLC N2.28 billion Series 1 Fixed Rate Bond under its N20 billion Bond…
- 22 Sept 2023
NGX, UN Women Partner to Promote Gender Bonds in Nigeria
Nigerian Exchange Limited (NGX) and United Nations Women (UN Women) will partner on the integration of gender bonds and other gender-themed sustainable financing mechanisms as strategic instruments…
- 6 Apr 2023
FMDQ Exchange Lists Dangote Industries Funding N300bn Bonds
FMDQ Securities Exchange Limited (FMDQ Exchange), has disclosed that it approved the listing of the Dangote Industries Funding Plc N187.58 billion Series 1 (Tranche A & B) and N112.42 billion…
- 13 Mar 2024
NGX Approves Jaiz Bank Private Placement of 10.048bn Shares
The Nigerian Exchange Limited (NGX) has approved the application of Jaiz Bank Plc’s private placement of 10.048 billion units at N1 per share and the listing. The Exchange listings report shows that…
- 19 Jan 2021
NG Clearing Acquires Clearing, Settlement Technology for its Operations
Following the receipt of an approval in principle from the Securities and Exchange Commission (SEC) in September 2020, to clear and settle exchange traded derivatives instruments, Nigeria’s premier…