Friday, September 22, 2023
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Capital Market

NGX Reclassifies Fidelity Bank After Bullish Run

Following a bullish run in the stock market in recent months, the Nigerian Exchange Limited (NGX) has announced the reclassification of Fidelity Bank Plc from small-price stock to medium-price stock. The stock price of Fidelity Bank, among others listed banks,...

Nigeria Stock Market Makes N1.7trn As Reforms Induce Rally

The Nigerian Stock Exchange (NGX) made a profit of 1.7 trillion last week as economic reforms boosted investor sentiment. Yields rose year-to-date as key market indicators rose on a stock-buying feast. Investors’ positions in banks, telecommunications giants and some...

Emirates strengthens the connection with Nigerian travelers and hospitality industry.

Emirates, the world’s largest international airline, held an event in Lagos to recognise the services and ongoing partnerships of its top travel agents. The event was the first to take place since the outset of the pandemic, and gathered...

Parthian securities holds another investment clinic focusing on pre-election sentiments

Four months after the maiden edition of its free investment clinic tagged ‘Bears & Bulls Series,’ Parthian Securities held another insightful session on the 28th of April, 2022, with the theme: “Equities, Bonds & Bills: Q1 review and H1...

Access Bank launches awareness campaign to combat E-banking fraud

As part of its continued commitment to educate and protect customers from e-banking fraud, Africa’s largest retail bank, Access Bank Plc, has launched an awareness campaign aimed at sensitizing customers on measures they can take to protect themselves. The...

SEC boss says DeFi platforms are ‘highly centralized’ and will need to register

 Gary Gensler, chairman of the U.S. Securities and Exchange Commission stated that DeFi is highly centralized in certain aspects and urged projects working in the sector to register with the SEC. Speaking to The Wall Street Journal on Aug. 19,...

UPDC Plc risks suspension over default on NGX’s free float requirements

Trading in the securities of UACN Property Development Company (UPDC) risks been suspended on the platform of the Nigerian Exchange Limited (NGX) due to the inability of the company to comply with the Free Float Rules of The Exchange. According...
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Latest News

UBA Preaches Connectivity with ‘Tastes of Africa Food Festival,’ Celebrates Diversity, Culture at UNGA

Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to put the continent’s diversity and rich culinary...
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