SEC to hold first CMC meeting in year 2021
The Securities and Exchange Commission (SEC) has announced that the first Capital Market Committee (CMC) meeting in 2021 will hold from Thursday April 15 to Friday April 16, 2021.
The…
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TAJBank deploys NQR Solution to ease customers’ transactions
TAJBank, Nigeria’s most innovative non-interest bank, has announced the deployment of the NQR Payment solution, an indigenous Quick Response Code by NIBSS, for merchants and customers as the…
Buhari appoints Shuaibu Ahmed executive secretary of Financial Reporting Council
President Muhammadu Buhari has appointed Shuaibu Adamu Ahmed as the new Executive Secretary of the Financial Reporting Council (FRC).
Ahmed replaces Daniel Asapokhai whose tenure ended…
Nigeria’s equities lost N26bn in one week
In the four-day trading week ended Friday April 9, investors in Nigeria’s equities market booked loss of about N26billion amid a mix of bargain hunting and bearish sentiment that…
SEC policy on foreign securities: Chaka Technologies stays committed to its mission
Chaka Technologies has said that its mission remains the same on connecting African businesses and individuals to global financial markets.
The Fintech firm prides itself as a client’s…
Niger Insurance says Full Year 2020 result awaiting Board’s approval
Niger Insurance Plc has informed its esteemed shareholders that the Company’s audited financial statements for the year ended December 31, 2020 is currently awaiting approval from the Board…
Nigerian states share N9trn in 4 years, yet some owe salaries
Nigeria’s Federal Accounts Allocation Committee (FAAC) has doled out in excess of N9.13 trillion to states in the past four years, BusinessDay can disclose. Year-on-year (yoy) FAAC…
Nigeria’s SEC warns on proliferation of unregistered online platforms
The Securities and Exchange Commission (SEC) has warned the investing public on the proliferation of unregistered online investment and trading platforms facilitating access to trading in…
Investors gain N54bn as equities sustain rally
Nigeria's equities market furthered its upward movement on Thursday as buy-side activities on the Bourse strengthened.
The positive close came on the heels of savvy investors realising…
Full Year 2020: Nigerian Breweries recommends N7.71bn dividend payout
Nigeria’s foremost brewer, Nigerian Breweries Plc, has recommended a total dividend of N7.71 billion for its shareholders for the 2020 financial year.
The recommendation, which amounts to a…