30 results
- 12 Nov 2023
NGX Plans Dual Listing With Saudi Stock Exchange
Dr. Umaru Kwairanga, the Group Chairman, Nigerian Exchange Group, has hinted at the proposed plans for dual listing with the Saudi Exchange, stressing that President Bola Tinubu’s economic reforms…
- 18 May 2021
President Buhari Headlines NGX Group’s The Stock Africa Is Made Of Campaign
Nigerian Exchange Group (NGX Group) Plc launched its campaign, The Stock Africa Is Made Of, yesterday. The event which was headlined by His Excellency, Muhammdu Buhari, GCFR, President of the Federal…
- 25 Aug 2021
NGX Marks 60 Years of Supporting Nigeria’s Economy
Nigerian Exchange Group (NGX ), yesterday, celebrated 60 years of enabling Africa’s largest economy as a leading integrated market infrastructure group in Africa. The Group officially commenced…
- 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…
- 19 May 2024
Airtel Wins Big at Maiden ICAN-NGX Awards
Airtel Africa, telecommunications provider in Africa with its stock trading on the Nigerian Stock Exchange (NGX), emerged as a major winner at the inaugural edition of the ICAN-NGX Awards, carting…
- 18 Oct 2022
NGX, US Consulate Collaborate to Boost Bilateral Investments, Stock Market Trade
Nigerian Exchange Limited (NGX) and the United States Consulate have announced a decision to collaborate on boosting investments and further enhance foreign investors stock market trade between…
- 13 Apr 2024
NGX Sanctions Julius Berger over ‘Insider Dealing’
Nigerian Exchange (NGX) has sanctioned Julius Berger Nigeria (JBN) Plc for engaging in inappropriate insider dealing in shares. Insider dealing is the illegal practice of trading on the stock…
- 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…
- 4 Jul 2021
SEC Okayss NGX Derivative Contracts with MTN, Dangote Cement
Nigerian Exchange Limited (NGX) at the weekend said that it has received approval for seven derivative contracts from the Securities and Exchange Commission (SEC). In finance, a derivative is a…
- 2 May 2025
FMITI, NGX Group Partner to Achieve $6Bn Investment Target
The Federal Ministry of Industry, Trade and Investment (FMITI), under the leadership of Honourable Minister Dr. Jumoke Oduwole, MFR, has reaffirmed its commitment to Nigeria’s economic transformation…
- 7 Feb 2022
NGX Lists $4bn FGN Eurobonds
The Nigerian Exchange Limited (NGX) listed Federal Government of Nigeria (FGN) $4 billion FGN Eurobonds, N171.17 billion FGN Savings Bonds and N720.04billion securities on its platform in January…
- 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…
- 27 Apr 2022
GTCO Plc Releases Q1 2022 Unaudited Results, Reports ₦54.3b Profit Before Tax
Guaranty Trust Holding Company Plc has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2022, to the Nigerian Exchange Group (NGX) and London Stock…
- 17 Dec 2021
Shareholders Give Board to Delist Access Bank Shares from NGX
Board of Access Bank Plc has been authorised to take the necessary steps to delist the company’s stocks from the Nigerian Exchange (NGX) Limited. This was part of the resolutions passed by investors…
- 4 Jul 2021
MTN to Sell 14 Per Cent Stake in Nigerian Unit
MTN Group is targeting at least 2 million retail investors in Nigeria ahead of its plan to sell 14 percent of shares in its local unit on the Nigerian Exchange Group (NGX). “We would like to have the…
- 8 Jun 2021
NOVA Merchant Bank Lists Bond on NGX
NOVA Merchant Bank recently concluded the listing of its N10 billion 7-Year Subordinated Unsecured Bond on the Nigeria Stock Exchange. This milestone was marked by the Bank partaking in the closing…
- 26 Jan 2025
Nigerian Stock Market Closes on Positive Note Driven by MTN Nigeria and Transcorp Power
Nigerian stock market closed last week on a positive note, driven by high demand for MTN Nigeria shares following the Nigeria Communications Commission, NCC’s approval of a 50.0% tariff hike for…
- 20 Nov 2023
NGX Moves to Reduce Trading Costs Through Technology
Temi Popoola, the Chief Executive Officer, Nigerian Exchange Limited (NGX), has revealed that the exchange is exploring ways to leverage technology to focus on reducing brokerage costs. Popoola…
- 16 Apr 2021
Capital Market Operators Get April 30 Deadline to Renew Licences
Securities and Exchange Commission (SEC), has given Capital Market Operators, CMO, April 30, 2021, as deadline to renew their operation licences. Mr. Lamido Yuguda, director general of SEC, who…
- 19 Mar 2023
Nigerian Exchange Fines 16 Firms N779m for Market Offences
Nigerian Exchange Limited (NGX) has sanctioned 16 companies for various market infractions in three years. According to report in the Punch, , the NGX imposed the sum of N779.5m fine on LASACO…
- 8 Jul 2024
Chiemeka's Appointment as NGX CEO will Deepen Market Growth - Professional Group
The appointment of Jude Chiemeka as the Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX) has continued to generate widespread acclaim from industry professionals, who believe his…
- 22 Jan 2024
Abbey Mortgage Bank Plans Recapitalization
Abbey Mortgage Bank Plc (ABBEYBDS) began the year with a share price of N2.22 kobo and has since gained 34.7 per cent on that price valuation, ranking it 37th on the Nigerian Exchange Limited (NGX)…
- 8 May 2023
Titan Trust Bank to Acquire Union Bank's minority shares
Titan Trust Bank Limited is set to acquire the equities of Union Bank of Nigeria (UBN) Plc held minority investors after the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission…
- 13 Jan 2026
Ecobank Joins Trillion-naira Club for the First Time in 20 Years
Ecobank Transnational Incorporated (ETI) has joined the trillion-naira exclusive club of firms, marking its first entry in its two decades of being listed on the Nigerian Exchange. The Pan-African…
- 12 Mar 2024
GTCO to Raise N525Bn through Public Offer
Guaranty Trust Holding Company (GTCO) Plc is preparing to raise about N525 billion capital through public offer to strengthen the capital base of its subsidiary, Guaranty Trust Bank (GTB). The News…
- 3 Jun 2024
Fidelity Bank Delights Investors with 507 Percent Gain in 5 Years
Fidelity Bank's Investors have earned more than 507 per cent in capital gains over the past five years, ranking above all other major return benchmarks at the Nigerian stock market and the entire…
- 31 Jul 2023
Fidelity Bank Stock Upgrade Excites Investors
According to The Will newspaper, investors have commended the recent reclassification of Fidelity Bank Plc stock from small price stock to medium price stock. Mrs. Nneka Onyeali-Ikpe, MD/CEO,…
- 21 May 2024
UBA Reels Achievements @ 75, Seeks Shareholders’ Nod for N500Bn Recapitalisation
United Bank for Africa (UBA) has said that its 75th anniversary is a testament to resilience, commitment to excellence. Oliver Alawuba, The bank at a world press conference in Lagos peeped into a…
- 23 Dec 2021
Titan Trust Bank Acquires Union Bank
Titan Trust Bank Limited (TTB), one of the fastest-growing and customer-centric financial service providers in Nigeria, has acquired Union Bank of Nigeria Plc. This followed an agreement by Union…
- 21 May 2025
Fidelity Bank’s N10.5tr assets base reinforces stakeholders’ confidence
Fidelity Bank Plc added N1.63 trillion to its assets base within three months to strengthen its position as one of the seven largest banks in Nigeria, in terms of assets base. Regulatory filings…