30 results
- 6 May 2020
WFS Technologies Scoops 2 OTC awards for Subsea Innovations
WFS Technologies, global subsea wireless and digitalisation specialist has scored a double whammy after being revealed as the winners of two prestigious accolades by the organisers of The Offshore…
- 14 Jun 2013
UBA, Others Ink Agreement for OTC Market
Four settlement banks appointed by the National Association of Securities Dealers (NASD) which include United Bank for Africa UBA) Plc, Guaranty Trust Bank Plc, Access Bank Plc, and Sterling Bank Plc…
- 17 Mar 2014
FMDQ, Bloomberg Launch Trading Platform for Nigerian Bonds
Bloomberg and FMDQ OTC PLC have announced the launch of the Bloomberg E-Bond trading and market surveillance system. The new electronic trading system for Nigerian government bonds commenced…
- 9 Jul 2023
FMDQ Holdings PLC Acquires 1,080,641,902 Units of CSCS Shares
On Friday 30 June 2023, there was a significant trade of shares of Central Securities Clearing System Plc (‘CSCS’ or ‘our Company’) on the NASD OTC Plc. Two major shareholders of CSCS, Artemis…
- 22 Dec 2017
DMO Pioneers Diaspora Bond, Eurobonds on FMDQ Platform
The Federal Republic of Nigeria through the Debt Management Office (DMO) has pioneered the inaugural listing of Diaspora Bond on the FMDQ OTC Securities Exchange platform. FMDQ in a statement in…
- 15 Jul 2020
NASD Invites Proposals on NDPR
NASD Plc, which operates the NASD Over-the-Counter (OTC) market, has called on registered data compliance protection officers to submit proposals. The move is to undertake an evaluation of its data…
- 2 May 2024
Shaping the Future of Solar Energy at Offshore Technology Conference,
By Okoko Chidozie Christian [email protected]; 09025179984. As the world transitions to a more sustainable and low-carbon solar energy future, no other event provides attendees with more…
- 16 Jul 2021
Foreign Exchange Inflows still Below Pre-COVID Levels
Tunde Abidoye According to the Central Bank of Nigeria’s latest Quarterly Statistical Bulletin for Quarter 4, 2020, total Foreign Exhange (FX) inflows into the Nigerian economy declined by -6.4% q/q…
- 27 Apr 2021
CSCS Bags Market Choice Award, Celebrated for Counterparty Trust Assurance
Central Securities Clearing System (CSCS) Plc, Nigeria’s capital market infrastructure, bagged the prestigious Market Choice award and celebrated for its outstanding counterparty trust assurance,…
- 6 May 2025
Afreximbank to Fund African Energy Bank with $19bn
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said that the Afreximbank would invest $19 billion to fund the African Energy Bank. He said the $19 billion would go a…
- 21 Dec 2012
DMO raises N60Bn from Bond Sales
Debt Management Office (DMO) said it has traded bond worth N60 billion on the Nigeria Stock Exchange (NSE) since 2006 the bond market was resuscitated. Dr Abraham Nwankwo, director-general, DMO who…
- 6 Apr 2018
SEC Reviews Code of Corporate Governance
Securities and Exchange Commission (SEC) has maintained that the code of corporate governance applies to all public companies operating in Nigeria. The code is intended to facilitate sound…
- 11 Feb 2019
Agusto & Co Assigns a ‘Bb‘ Rating to the Nigerian Insurance Industry
Agusto & Co Limited, leading Pan African credit rating agency in Nigeria for over 26 years has assigned a “Bb“ rating to the Insurance Industry in its newly published 2019 Nigerian Insurance…
- 23 May 2019
CoinCola Bitcoin Platform now in Nigeria
Blockchain Technology is rapidly growing in different continents and many more people beginning to see the importance and relevance of cryptocurrency and blockchain technology in their different…
- 16 Apr 2019
CSCS Receives A+ Rating of Thomas Murray
The Central Securities Clearing System (CSCS) Plc has been upgraded by Thomas Murray, the global post-trade risk and custody specialists, from A to A+, which denotes a ‘Low’ Overall Risk. The Overall…
- 23 Mar 2026
SEC Issues Six-Week Ultimatum to Market Operators to Submit Recapitalisation Plan
Securities and Exchange Commission (SEC) said it has handed a six-week deadline to capital market operators to submit board-approved recapitalisation or license downgrade plans. The directive was…
- 13 Jun 2019
TWL, Nigerian Firm Exits $150m Failed Milost Deal
Turner Wright (TWL) Limited, an indigenous manufacturer of veterinary pharmaceuticals, has exited a controversial $150 million acquisition deal involving Milost Global Incorporated and its associated…
- 25 Jun 2019
The Winning Habits of Successful Forex Traders
By Abiola Akinyele, General Manager of FXTM Nigeria Who is a forex trader? A forex trader is an individual who exchanges one currency for another in the global financial market. The financial…
- 18 Feb 2020
Stanbic IBTC Signs Agreement with Afreximbank on ₦300bn Bond Issuance
Stanbic IBTC Capital Limited, a subsidiary of the Stanbic IBTC Holdings PLC, has established a ₦300 billion Domestic Bond Programme for the African Export-Import Bank (Afreximbank). The signing…
- 28 Sept 2017
FG Plans $2.5bn Eurobond to Fund Capital Projects
The Debt Management Office (DMO) yesterday said the Federal Government would float an Eurobond to raise 2.5 billion dollars before the end of 2017. Ms Patience Oniha, the DMO Director-General, made…
- 8 Sept 2017
FG Kicks-off Pre-offer Road Show for N100Bn Sukuk Bond
The Debt Management Office has commenced a national road show in Lagos in preparation for the issuance of the much awaited N100bn non-interest bearing Sukuk bond. The DMO, in a statement issued on in…
- 16 Jul 2020
CSCS Commits N100m in Fight against COVID-19
The Central Securities Clearing System (CSCS) Plc, Nigeria’s capital market infrastructure, has donated a fully equipped and insured state-of-the-art Ambulance to the Capital Market Support Committee…
- 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…
- 24 Feb 2021
FMDQ Exchange Admits Parthian Partners’ N20bn Commercial Paper
FMDQ Securities Exchange has registered the Parthian Partners Limited N20 billion Commercial Paper (CP) Programme to its platform as part of its efforts to assist corporates access funds from the…
- 13 May 2017
Nigeria Interbank Rate Jumps after CBN Liquidity Mop-Up
Nigeria's overnight interbank lending rate rose sharply to 29.5 percent on Friday, up from 19 percent last week, after the Central Bank of Nigeria (CBN) sold treasury bills to soak up liquidity from…
- 18 May 2021
CSCS Grows Dividend per Share by 36.0% to N1.17, as Profit Soars 41.4%
Central Securities Clearing System (CSCS) Plc, held its 27th Annual General Meeting (AGM) where the shareholders approved N1.17 dividend per share payout to all qualifying shareholders who held the…
- 10 Feb 2017
$1Bn Eurobond Pricing: FG Implementing Ambitious Economic Reform Agenda- Adeosun
Federal Republic of Nigeria on Thursday announced that it has priced its offering of US$1 billion aggregate principal amount of notes under its newly established US$1 billion Global Medium Term…
- 24 Apr 2022
DMO Auctions Three New FGN Bonds Valued at N225bn
The Debt Management Office (DMO) has offered three new Federal Government of Nigeria (FGN) bonds valued at N225 billion for subscription through auction in April. They are a N75 billion FGN bond at…
- 24 May 2022
A call for Better Compliance to News Media Ethics: The Case of the Rumoured Acquisition of Jumia by Zinox
By Adeola Olanloko Last week, Nigeria’s business media was awash with the speculation that Leo-Stan Ekeh, the chairman of Zinox Technologies and owner of the Konga e-commerce platform is on his way…
- 25 May 2023
Blakskill App: A Bridge to Solve the Challenges Organisations Face in Sourcing Verified Talents across all Sectors of the Economy - Olugbenga Omojola, CEO
Blakskill limited an indigenous talent organization has developed an app designed to give organisations global access to verified talents while also giving talents (job seekers) a platform to…