Nigerian capital market
Dangote IPO: Religion Should Not Discourage Christians from Investing, Says Rev Hayab
Chairman of the Northern Christian Association, Rev. Joseph John Hayab, has urged Christians to consider investing in the ongoing Dangote Cement Initial Public...
Dangote’s Wealth Rises to $54bn as Refinery IPO Filing Reveals 87% Stake
LAGOS, Nigeria — Africa’s richest man, Aliko Dangote, has seen his estimated wealth climb to about $54 billion following fresh details contained in...
Dangote Refinery IPO Triggers Digital Investment Race as 10 Million Investors Targeted
By Benson Daniel The launch of Dangote Petroleum Refinery and Petrochemicals' initial public offering has triggered a major push by digital investment platforms...
Dangote to Retain 84.34% Control of Refinery After ₦2.15tn IPO
By Benson Daniel Aliko Dangote is set to retain a dominant 84.34 per cent stake in Dangote Petroleum Refinery and Petrochemicals FZE after...
SEC: Two Day Settlement Cycle Has Improved Nigeria’s Stock Market
By Benson Daniel The Securities and Exchange Commission (SEC) has said the adoption of a two day settlement cycle has contributed to improved...
SEC Records Zero Settlement Defaults Since Nigeria Adopted T+1 Cycle
By Benson Daniel The Securities and Exchange Commission has disclosed that Nigeria’s capital market has recorded no settlement default arising from inadequate funds...
CSCS Welcomes Nigeria’s Return to FTSE Russell Frontier Market Status
By Benson Daniel The Central Securities Clearing System Plc has welcomed the decision by FTSE Russell to proceed with Nigeria’s reclassification from Unclassified...
Profit-Taking Wipes N544.5bn Off NGX as First HoldCo, Fidelity Bank Lead Sell-Off
By Benson Daniel Profit-taking in major banking stocks pushed the Nigerian equities market further into negative territory on Tuesday, wiping N544.5 billion off...
