Please Subscribe
subribe to get the latest news delivered to you free
ngx
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...
H1 2026: Veritas Kapital Slashes Reinsurance Costs to ₦5.72bn, Posts ₦11.77bn Revenue
BY NKECHI NAECHE-ESEZOBOR—Ahead of recapitalization deadline, Veritas Kapital Assurance PLC has released its unaudited financial statements for the half-year ended June 30, 2026,...
Linkage Assurance Plc raises N16.2 billion from Rights Issue
Linkage Assurance Plc (the Company) announces the successful completion of its N16.2 billion Rights Issue, which opened on March 11th, 2026, and closed...
