…high cost of living, despite economic growth — IMF Assistant Director, Monetary and Capital Markets Department, IMF, Jason Wu, gave this recommendation at a press briefing on the release of its Global Financial Stability Report, during the ongoing World Bank/IMF annual meetings in Bangkok, Thailand, stressing that stro…
…allocations and embrace capital formation, investment and ownership through the capital market. The call was made at the University of Ibadan Alumni Association Annual Public Service Lecture held on Friday in Ibadan. The lecture was themed: “First and Best But Whose Capital Built It? Rethinking How Nigeria Funds Its Ow…
…compounds the problem. He said foreign direct investment flows mainly into the capital market rather than into production and processing, so local processors cannot scale. He urged the Federal Government to speed up the Special Agro-Industrial Processing Zones programme. “We should speed up such projects where we can p…
…management of AELEX said the transaction marked a significant development in Nigeria’s capital market and provided a new route for large-scale businesses operating under the Free Zone framework to access public capital. According to the firm, the transaction also builds on its longstanding relationship with the Dangote…
…by the foundation recently, is aimed at increasing women’s participation in Nigeria’s capital market, particularly among low- and middle-income earners and vulnerable women. Under the programme, eligible women can access grants to acquire shares in the Dangote refinery, promoting equity ownership, savings and long-term…
…the Securities and Exchange Commission looked the other way while companies treated the capital market as a private hunting ground. IGI Plc, which raised N2.9 billion in 2006, remains in the “Red” category on the NASD OTC platform, with no liquidity and no information to drive its share price. Afribank is even more ins…
…as opaque and potentially risky, despite the country’s improved access to international capital markets. The immediate past IMF Resident Representative for Nigeria, Christian Ebeke, disclosed this during a virtual press briefing on the Fund’s 2026 Article IV Consultation Report on Nigeria. Speaking on the proposed tran…
…among young Nigerians. The foundation argued that pairing investor education with direct capital market participation would give students firsthand experience of saving, responsible investing, and asset ownership.Aliko Dangote said young people needed more than access to education; they needed pathways into wealth crea…
…Who Regulates It? In Nigeria, the Securities and Exchange Commission (SEC) regulates the capital market. Check whether a platform, or its Nigerian partner, is registered. For international platforms, look for licences from well-known regulators and verify them on the regulator’s official website. Be honest with yoursel…
Stockbrokers are set to shift the focus of the capital market from record capital mobilisation and rising market valuations to how funds raised translate into jobs, industrial output, infrastructure and household wealth, as the market value of listed companies approaches N160 trillion. The Chartered Institute of Stockb…
…sector. The transaction comprises N402 billion in cash bonds raised from the domestic capital market and N326.979 billion in non-cash bonds allotted to participating generation companies. Speaking at the signing ceremony in Abuja, the Managing Director and Chief Executive Officer of Nigerian Bulk Electricity Trading Pl…
…broaden investment in the refinery, with the offering expected to be one of the largest capital market transactions in Nigeria.
…STRs, while Designated Non-Financial Businesses and Professions accounted for 1,029. Capital market operators and insurance companies filed 104 reports, while Virtual Asset Service Providers, including cryptocurrency-related businesses, submitted 49. Banks also dominated Suspicious Activity Reports, contributing 8,313…
…of pension arrears and gratuities owed to retirees. He also listed gains in the capital market, infrastructure development and improved access to affordable credit among the benefits of the reforms. Oyedele said the government had also expanded access to student loans through the Nigerian Education Loan Fund (NELFUND),…
…Lilium Capital, is the underwriter under the programme, which combines the advisory and capital markets capabilities of both firms. Alhaji Aliko Dangote, President and Chief Executive of Dangote Industries Limited, said: “This is an important milestone for DPRP and for African capital markets. “The successful completio…
…Oluseyi Owoturo, has emphasised that the sustainable growth and expansion of Nigeria’s capital market depend heavily on purpose-driven innovation that resolves operational friction and elevates the overall investor experience. Speaking following the firm’s recognition with three international awards in 2026, Owoturo no…
…financial regulators, banking executives, fintech innovators, economists and capital market operators will gather in Lagos on September 19 and 20 for the Finance Correspondents Association of Nigeria’s (FICAN) 36th Anniversary Annual Conference. The event, themed “Building on the Gains of Recapitalisation, Tax Reform a…
Nigeria's SEC directed capital market operators to freeze funds tied to six people and three bureau de change companies named by the Sanctions CommitteeThe six individuals were designated in June 2025 under Nigeria's Terrorism Prevention and Prohibition Act over alleged links to ISWAP financing networksOperators who fa…
…to help families recover unclaimed dividends, dormant investment accounts and other capital market assets belonging to deceased investors.The initiative is designed to address the difficulties beneficiaries often face after the death of a shareholder, particularly challenges involving probate, documentation and outdate…
…and a major contributor to public finances. The NRS also pointed to developments in the capital market as another indication of improving economic confidence. It said the market capitalisation of the Nigerian Exchange had risen from N30.36tn in 2023 to N161tn in 2026, describing the increase as a source of wealth creat…
…journalist Dave Ibemere has over a decade of experience covering Nigeria's economy, capital markets, banking, and public finance.The Debt Management Office (DMO) has opened subscriptions for two Federal Government of Nigeria (FGN) Savings Bonds, offering investors the opportunity to invest from N5,000, with each unit p…
…equity transactions and would represent the most significant addition to Nigeria's capital market in years. Regulators have long called on large private companies to deepen Nigeria's equity market through public listings, and this transaction is seen as a direct response to those calls.Agama noted that early engagement…
…trends across the continent to varying economic conditions, investment climates and capital market development, noting that several countries, including Tunisia and the Democratic Republic of Congo, were excluded from the ranking due to insufficient reliable data. Nigeria’s decline in millionaire numbers underscores th…
…in advancing its long-term funding strategy and the continued development of African capital markets,” the statement added. Dangote Petroleum Refinery and Petrochemicals said proceeds from the placement would support the expansion of its refinery and petrochemical complex, strengthen its capital structure and provide a…
…Exchange Group, Dr Umaru Kwairanga, has called for stronger collaboration between the capital market and insurance industry to mobilise long-term capital, deepen financial inclusion and accelerate sustainable economic growth. The post NGX chair seeks capital market, insurance partnership to drive growth appeared first…