June 26, (THEWILL) - FMDQ Securities Exchange Limited is set to provide a long-awaited panacea to the Nigerian financial markets, with the introduction of its dynamic Exchange-Traded Derivatives (ETD) market, on Wednesday, July 12, 2023.
The trailblazing FMDQ...
To provide full information, support investor decision-making and facilitate international comparability to attract capital, the Financial Reporting Council (FRC) of Nigeria and NGX Regulation Limited (NGX RegCo) is set to organize and host the launch of the first two...
Nigeria owes up to $3 billion to supermajors and trading giants for the fuel-for-crude swaps via which Africa’s biggest oil producer has been importing fuel to meet domestic demand, Oilprice.com reports, quoting Reuters on Friday which cited executives and...
The Chairman of Skyway Aviation Handling Company PLC (SAHCO), Dr Taiwo Afolabi, has promised better dividends for the shareholders of the company for the current financial year ending Dec. 31, 2023.
Afolabi gave the promise at the 13th Annual...
Cadbury Nigeria Plc, a subsidiary of Mondelez International, received three awards and a special recognition at the International Finance Corporation (IFC)and the Nigerian Stock Exchange (NGX) Nigeria2Equal Programme Awards, which took place in Lagos State, recently.
The awards are Company...
The Nigerian Naira closed at N770.17/$ at the official window on Friday against N763.17 the previous day, marking a value-shedding of N7 or 10 percent. The parallel market closed at N770/US, consolidating on the exchange rates convergence that was...
The Securities and Exchange Commission has said that its financial statements have been duly audited over the years restating its commitment to high corporate governance standards.
According to a statement signed by the Management of the Commission, "the attention of...
June 25, (THEWILL) - The Debt Management Office (DMO) said the total public debt stock of Nigeria (comprising the external and domestic debts of the Federal Government, the 36 states and the Federal Capital Territory), hit N49.95 trillion as...
Now that the Naira has been floated by the Central Bank of Nigeria in response to the directive by Mr President in his inaugural address, we wish that our experience this time around will be different and that we...
The number of estimated billing customers held by Nigeria’s electricity distribution companies (DisCos) has continued to be on the increase, with the 11 DisCos having a total of 5.95 million in Q1 2023.
This is 1.99 percent higher than...
