…market efficiency, and creating long-term value for corporate issuers and retail investors alike. The company secured two accolades at the Global Economics Awards: Most Innovative Registrar for Unclaimed Dividend Resolution and Leading Registrars for Capital Market Services. It was also named winner of the Gazet Intern…
According to him, the ability of investors to enter and exit positions efficiently, competitive bid-offer spreads and effective price discovery are equally critical measures of market strength. The post NGX, Stanbic IBTC push market making, securities lending to deepen equity liquidity appeared first on Tribune Online.
…in banking stocks dragged the benchmark index lower, wiping N544.48 billion from investors’ wealth. The Nigerian Exchange All-Share Index declined by 0.35 per cent to close at 241,611.23 points, moderating its year-to-date return to 55.26 per cent. Consequently, market capitalisation fell to N155.97 trillion, reflectin…
…I think has impacted positively on investment. It has also impacted positively on investors’ confidence. “And it has also, in a way, lowered inflation expectations. So, for me, I think the principal issue here will have to do with the macroeconomic environment, which I think has been responsible for this. “But that is…
…I think has impacted positively on investment. It has also impacted positively on investors’ confidence. “And it has also, in a way, lowered inflation expectations. So, for me, I think the principal issue here will have to do with the macroeconomic environment, which I think has been responsible for this. “But that is…
…or Strong Sell, while three received Neutral ratings. The ratings are intended to guide investors based on analysts’ assessment of earnings prospects, valuation, business fundamentals and expected share-price performance. Among the stocks rated Buy or Strong Buy are Aradel Holdings, Access Holdings, Dangote Cement, Dan…
…accumulation by Otedola has made his ownership position one of the key developments investors are watching in the company, particularly as he moves towards his stated objective of securing majority control.
…demand for OMO bills as the CBN intensifies its liquidity-management efforts. Nigerian investors, including banks and other eligible institutions, have increasingly turned to these instruments as an attractive short-term fixed-income option. The sustained appetite reflects a broader search for relatively high-yielding,…
…place at the Transcorp Hilton Hotel and bring together policymakers, business leaders, investors, development partners, civil society organisations and young Nigerians. According to NESG, the summit comes at a critical point in Nigeria’s economic development, following three years of significant macroeconomic reforms a…
…attempted to transfer the management and ownership of the refineries to private investors. According to him, he approached Shell to take a 10 per cent equity stake and run the refineries, but the oil major declined. He subsequently asked the company to operate the facilities without taking equity, but it also rejected…
…has also reassured policyholders, brokers, corporate customers, business partners and investors that its operations remain fully active. “Guinea Insurance is also pleased to confirm that its name has been published by the National Insurance Commission among the insurance companies that have met the applicable recapital…
Trading activity on the nations bourse recorded a sharp increase in the week ended August 14, 2026, as investors exchanged 12.153 billion shares valued at N176.058 billion across 224,146 deals. The post NGX trading volume surges 127 percent as investors exchange N176.06bn in one week appeared first on Tribune Online.
…of Solid Minerals Development, Dele Alake, said the government was seeking private investors willing to partner with it to transform the abandoned pits from dangerous sites into productive economic assets. Alake made this known while reacting to the collapse of an abandoned tin mine pit at Kassa in the Barkin Ladi Loca…
…of Nigeria's broader push to shut terrorism financing out of the formal financial system.Investors lose N438bn after tradingMeanwhile, at the trading floor of the Nigerian Exchange, earlier, Legit.ng reported that the market closed negatively for the second consecutive session on Thursday, August 26.Data showed that th…
…new financial market reforms, including expanded access to OMO securities for non-bank investorsPAY ATTENTION: Find it fast with our new search feature at Legit.ng! Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general m…
…to help families recover unclaimed dividends and dormant investment accounts of deceased investorsAn awareness clinic educates beneficiaries on probate processes and documentation needed for asset recovery. The SEC said that Limited awareness hinders recovery; proper estate planning is critical for claiming deceased re…
Investors in the Nigerian Exchange Limited, NGX, recorded a massive loss of N3.8 trillion in four trading sessions, ending the week on a bearish note after the management paid a visit to President Bola Ahmed Tinubu. Data from the NGX showed that from Tuesday to Friday, the Nigerian stock market continued its decline, s…
…lack the financial records or professional networks typically required to attract investors.The Punch quoted the minister as saying:"We do not want to stop at training. We want to build a stronger bridge from learning to enterprise, from ideas to investment readiness, and from potential to sustainable businesses."NiYA…
Singer Selena Gomez and mom sued for allegedly defrauding investors as mental health company falls apart Selena Gomez and her mother, Mandy Teefey, are facing a lawsuit from investors who allege they were misled into investing more than $1 million in their mental health company, Wondermind, while the business was alleg…
…project approvals, created uncertainty and limited transparency for regulators and investors, adding that the new portal would make the process faster, simpler and more transparent. Ogbe said, “It is with immense pride that we gather today for the official unveiling of the Nigerian Content Fund Compliance Certificate P…
…decries over 5,000 fibre cuts in six months, urges protection during road construction Investors record N1.17tn significant loss as NGX reverses gain Domestic crude must be available and commercially viable - Dangote Refinery Dollar to Naira exchange rate today, August 11, 2026: Nigerian Naira depreciates, reverses gai…
…and agricultural regulations, saying government agencies must ensure that foreign investors comply with the country’s laws, while outdated regulations should be reviewed where necessary. Olayemi said access to the MoU would enable CSOs to determine whether adequate provisions had been made for environmental protection,…
…and support the development of a sustainable mechanisation economy. The minister urged investors, youths and women to take ownership of the emerging mechanisation economy.
…Resort has received fresh impetus, with the Cross River State government and private investors unveiling a five-star tourism plan expected to create jobs, attract investment and open up the state’s northern tourism corridor to the global market. Under the plan, the resort will undergo rehabilitation, including the rest…
…Additional benefits include regional visibility across member states, access to investors through deal rooms, networking with founders, policymakers and development partners, a six-month post-award acceleration and mentorship programme, and digital tools such as computers, accessories and software. Eligibility for Nige…