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Nigeria’s SEC Registers Three Crowdfunding Platforms Nigeria’s Securities and Exchange Commission (SEC) on Tuesday said that it had successfully registered three crowdfunding platforms, with three additional applications currently under review.…
Foreign Investors Transactions Rise to $90.83m in April The total transactions by foreign investors on the Nigerian Exchange Ltd. (NGX) increased by 28.19 per cent between March and April. The…
Naira Steadies at Official Window, Parallel Market Gains The Nigerian naira exchange rate steadied at N1339 per US dollar in the foreign exchange market on Tuesday, according to data from…
Six Merchant Banks Shop for N230bn to Meet New Capital Six merchant banks operating in Nigerian have less than two years to shop for N230 billion to meet the recapitalization…
TCN Reports Collapse of Tower on Jos-Gombe Transmission Line The Transmission Company of Nigeria (TCN), says its tower T290, one of the four new towers erected by its contractors along…
Senate Committee Seeks Regulation on Crypto Trading The Senate Committee on Capital Markets , on Monday, called for the regulation of cryptocurrency to ensure some level of accountability and protection…
Equities Investors Gain N143bn as ‘Fat’ Stocks Rally Equities investors gained about N142 billion on Monday in the local exchange as stocks rally. Data from the Nigerian Exchange showed that…
Naira Sees Large Daily Gain as FX Pressure Eases The Nigerian naira saw a large daily gain in the official window as foreign currency liquidity challenge eased. According to data…
Bank of Ghana Keeps Interest Rate at 29% The Bank of Ghana kept its benchmark monetary policy rate steady for a third consecutive meeting at 29% on May 27th 2024,…
UBA Plc. Pays Shareholders N95.8 Billion as Dividend for FY2023 Shareholders of Africa’s Global Bank, United Bank for Africa (UBA) Plc, have praised the board, management and staff of the…