NGX

Stock Exchange Rates: Fidelity Bank Highest On Corporate Governance

August 23, (THEWILL) – The Nigerian Exchange Limited (NGX) has rated Fidelity Bank Plc highest on corporate governance. Details of the performance assessment revealed by the bank showed that Fidelity Bank Plc complies with the highest corporate governance standards...

MRS Oil Seeks Shareholders’ Approval To Delist From NGX

April 23, (THEWILL) - The Board of MRS Oil Nigeria Plc will, at the company’s Extraordinary General Meeting (EGM) scheduled for May 21, 2024, request shareholders’ endorsement to voluntarily delist from the Nigerian Exchange Limited (NGX). The decision to exit...

NGX Group GMD, Temi Popoola Elected Chairman Of CSCS

April 8, (THEWILL) - The Group Managing Director/Chief Executive Officer of the Nigerian Exchange Group (NGX Group), Mr. Temi Popoola, has been elected as the Chairman of Central Securities Clearing System (CSCS) Plc, effective April 1, 2024, succeeding...

Transcorp Power Lists on the Nigerian Exchange; Gains 10% First Day of Trading

March 05, (THEWILL) - Transcorp Power Plc, a power subsidiary of Transnational Corporation Plc (Transcorp Group), has listed its shares via introduction on the Main Board of the Nigerian Exchange (NGX). It added more than N1.8 trillion to...

Equities Market Ends On Bullish Note

February 18, (THEWILL) - The NGX All-Share Index and Market Capitalization appreciated by 1.97% and 2.00% to close last week at 104,421.23 and N57.158 trillion respectively. A total turnover of 3.893 billion shares worth N95.147 billion in 69,117 deals was...

NGX Group, Nigerian Capital Market Community Paid Condolence Visits To Ogunbanjo, Wigwe’s Families

February 18, (THEWILL) - Representatives of the board and management of Nigerian Exchange Group (NGX) and key stakeholders from the capital market community paid condolence visits to the families of late Bamofin Abimbola Ogunbanjo and Dr. Herbert Wigwe. Led by...

NGX Plans Listing Rule Review to Align With Global Markets For Expansion

January 28, (THEWILL) - The Group Managing Director and Chief Executive Officer, of Nigerian Exchange Group Plc, Mr Temi Popoola has said that the Exchange is working with the regulator to review its listing rules aligning them with global...

Access Holdings Gets CBN Approval-in-Principle for Own Consumer Lending Subsidiary

January 17, (THEWILL) - Access Holdings Plc, the parent group of Access Bank has received the Central Bank of Nigeria (CBN) approval-in-principle to establish its own consumer lending subsidiary. The new entity will be known as Oxygen X Finance Company...

Equities Market Closes Negative For The Week

December 10, (THEWILL) - The NGX All-Share Index appreciated by 0.27%, while the Market Capitalization depreciated by 0.23% to close the week at 71,419.87 and N39.082 trillion respectively. A total turnover of 2.543 billion shares worth N38.644 billion in 36,138...

Zenith Bank Announces Stellar Q3 2023 Performance – Records Triple-Digit Growth in Topline and Bottom Line

November 1, (THEWILL) – Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2023, recording a remarkable triple-digit growth of 114% from N620.6 billion reported in Q3 2022 to N1.33 trillion in Q3...
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Revitalizing Nigeria’s Insurance Sector: A call for Action

The biggest hurdle facing insurance in Nigeria is not a lack of capital; it’s the pervasive issue of trust. Many Nigerians harbour the belief that insurers are quick to collect premiums but sluggish when it comes to settling claims.
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