December 29, (THEWILL) - Nigeria’s much awaited $2.25 billion foreign exchange support facility from the Afreximbank is expected to arrive today, Friday, December 29, 2023.
The facility agreement which the Nigerian National Petroleum Company Limited (NNPCL) signed in September 2023...
December 18, (THEWILL) - The U.S. Securities and Exchange Commission (SEC), on Monday, filed charges against Nigerian businessman and CEO of Tingo Group, Mmobuosi Odogwu Banye, aka Dozy Mmobuosi, and three companies of which he is CEO, alleging they...
November 26, (THEWILL) - The NGX All-Share Index and Market Capitalization appreciated by 0.17% to close the week at 71,230.48 and N39.173 trillion respectively.
A total turnover of 2.425 billion shares worth N22.665 billion in 33,230 deals was traded last...
November 19, (THEWILL) - The Capital Market Correspondents Association of Nigeria (CAMCAN) has concluded plans to hold its 2023 annual workshop, a strategic forum to articulate issues that can move the Nigerian capital market and economy forward.
The workshop, scheduled...
November 19, (THEWILL) - FBN Holdings Plc, the parent company of First Bank of Nigeria Limited, has consolidated on the growth trajectory that it launched onto early in 2023, when it first recorded a N50 billion post-tax profit in...
October 29, (THEWILL) - Oscar N. Onyema, OON, has been recognised by the West African Securities Regulators Association (WASRA) for his contribution and support in shaping the integration of capital markets in the region and for being the first...
October 08, (THEWILL) - VFD Group Plc, a sector-agnostic proprietary investment company, is pleased to announce its listing on the Main Board of Nigerian Exchange Limited (NGX), the sustainable Exchange championing Africa's growth. On Friday, October 6, 2023, the...
October 05, (THEWILL) - The naira plunged deeper into depreciation on Thursday shedding 2.5 percent as it exchanged N775.20 to a dollar, against N756.21 it traded at the I&E window a day before.
This is about the lowest dip in...
October 03, (THEWILL) - FMDQ Securities Exchange secondary market turnover hits N59.3 trillion between June and August.
The figure is higher than N53 trillion achieved in the corresponding period in 2022.
Secondary market turnover on FMDQ Exchange in August 2023 stood...
September 03, (THEWILL) - Despite concerns around the soaring inflation, interest rate hikes and weak macroeconomic indices, investors’ confidence in Nigeria’s stock market remained strong, leading to Nigerian Exchange Limited (NGX) emerging one of the best performing exchanges in...