Home ngx

ngx

37 Articles
Custom

Digital Access Drives NGX Group’s Profit to ₦20.6bn as Transaction Revenue Doubles in Nine Months

BY OUR REPORTERS—Nigerian Exchange Group Plc has reported profit before tax of ₦20.6 billion for the nine months ended 30 September 2026, up...

Capital

Dangote Refinery Extends IPO to October 27 as African Investor Demand Surges

Dangote Petroleum Refinery and Petrochemicals has extended the closing date of its Initial Public Offering (IPO) to Tuesday, October 27, 2026, following approval...

Capital

OPay’s IPO Plans Spotlight NGX Group’s Push for Broader Domestic Ownership

The prospect of Nigerian investors owning a stake in OPay, one of Africa’s leading fintech companies, has gained fresh momentum following reports of...

Money

Cardoso Takes Nigeria’s Financial Reforms to Singapore, Signs MoU With GFTN on Innovation

En route to the IMF–World Bank Annual Meetings in Bangkok, the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has...

Insurance World

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...

Capital

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...

Capital

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,...

Insurance World

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...