Please Subscribe
subribe to get the latest news delivered to you free
ngx
African Alliance Secures Shareholders Nod to Raise N12bn, Eyes Return to Active Trading
BY NKECHI NAECHE-ESEZOBOR—The board of directors of African Alliance PLC on Wednesday got shareholders nod to raise N12 billion additional capital to shore...
SUNU Assurances Nigeria Boosts Board With Michael Chukwu, Founder of Assetswise Capital
SUNU Assurances Nigeria Plc has announced the appointment of Mr. Michael Uchenna Chukwu as an Independent Non-Executive Director on the Board of the...
SEC: T+1 Settlement Transition Recording No Defaults
The Securities and Exchange Commission (SEC) has said the adoption of the T+1 settlement cycle in Nigeria’s capital market is going on smoothly,...
ASHON Raises Alarm Over Universal Insurance Licence Revocation, Cites Threat to Market Confidence
The Association of Securities Dealing Houses of Nigeria (ASHON) has raised the alarm over the revocation of Universal Insurance Plc’s operating licence by...
Court Restrains NAICOM from Revoking Universal Insurance License
BY NKECHI NAECHE-ESEZOBOR—The Federal High Court sitting in Lagos has granted leave to Universal Insurance Plc to commence legal proceedings against the National...
Domestic Investors Fuel NGX 57% Surge as Foreign Participation Drops to 12.1%
BY NKECHI BAECHE-ESEZOBOR—Managing Director of Coronation Asset Management, Aigbovbioise Aig-Imoukhuede, said Nigeria’s equities market recorded a 57 per cent return in the first...
NGX Trading Volume Surges 127% as Investors Exchange ₦176.06bn in One Week
Trading activity on the nations bourse recorded a sharp increase in the week ended August 14, 2026, as investors exchanged 12.153 billion shares...
NAICOM Recapitalisation: Universal Insurance Secures ₦7.13B Equity Deal with FPNG, Awaits NAICOM Approval
BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has entered into an investment agreement with FPNG Co-Nvest Limited (FPNG) for an equity capital injection of ₦7.128...
