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Capital Market
293 posts
PZ Cussons get shareholders’ nod on resolutions
By Tochukwu Bliss, Abuja At the 76th Annual General Meeting of PZ Cussons Nigeria Plc held at the Transcorp…
Nigeria prices $2.2bn in 6.5-year, 10-year Eurobonds to finance budget deficits
Nigeria has successfully priced $2.2 billion in Eurobonds maturing in 2031 and 2034 in the international capital markets.…
Ecobank celebrates successful issuance of $400m Eurobond at LSE
By Tochukwu Bliss, Abuja Ecobank Transnational Incorporated (ETI), parent of the leading pan-African Ecobank Group, today opened the…
UBA to raise N239bn via rights issue
By Stanley Onyeka, Lagos United Bank for Africa (UBA) Plc is seeking to raise additional N239.4billion through the…
SEC proposes N20m fine, jail term for Ponzi scheme operators
The Securities and Exchange Commission (SEC) says the Investments and Securities Bill (ISB) 2024 proposes a penalty of…
GTCO reports N1trn pre-tax profit H1’24
By Stanley Onyeka, Lagos Guaranty Trust Holding Company Plc (GTCO) has reported a pre-tax profit of N1.004trillion for the…
Zenith Bank to raise N290bn in public offering
By Stanley Onyeka, Lagos Zenith Bank Plc said it plans to raise N290 billion through a combination of…
Recapitalisation: FCMB Group to raise N397 billion in three phases
FCMB Group Plc says it plans to raise N397 billion in three phases ahead of the Central Bank…
NGX launches Impact Board for sustainable instruments
By Stanley Onyeka, Lagos Nigerian Exchange Limited (NGX) has unveiled its Impact Board, a dedicated platform for listing…
Access Bank targets Top 20 position in UK, $1bn profit by 2027
By Stanley Onyeka, Lagos Access Bank has unveiled an ambitious plan to position its UK subsidiary, Access Bank…