By Godwin Oritse   THE Nigerian Exchange Limited, NGX, has commenced moves to attract the Nigeria Blue Economy sector to the capital market through the issuance of Blue Bond. Speaking to Vanguard on the sidelines of the quarterly citizens and stakeholders’ engagement organized by the Ministry of Marine and Blue Economy in Lagos, the Chief Executive Officer […]

By Godwin Oritse Truck Transit Parks  (TTP), promoters of the Electronic Call-up System (ETO), have revealed that Nigeria has lost over N2.5 trillion to inefficiencies in maritime transport logistics. The firm stated that investment in transport infrastructure and technology remains critical to unlocking the full trade potential of Nigeria’s ports, highways, and the wider regional […]

By Peter Egwuatu Femi Otedola, a significant shareholder and chairman of First HoldCo Plc, has increased his stake in the company with the acquisition of additional 64,878,668 million shares valued at N2,011,238,708. FBN Holdings disclosed the acquisition in two separate documents as required by the post listing requirement of the Nigerian Exchange Limited (NGX). According to […]

By Yinka Kolawole, with agency report The National Pension Commission (PenCom) has introduced a framework to guide pension fund administrators (PFAs) on engagement in securities lending and repurchase transactions (repos). Securities lending is a  transaction where securities are temporarily transferred from a lender to a borrower, typically in exchange for a fee or collateral, while Repos are the […]

By Elizabeth Adegbesan The Federal Government of Nigeria (FGN) through the Debt Management Office (DMO) has offered a 5-year and 7-year bond valued at N100 billion each for subscription at N1,000 per unit. DMO announced the offer on its Twitter handle yesterday, noting that the subscription unit is subject to a minimum subscription of N50,001,000 and […]

Up 278% from $5.27bn in Q1’25 By Yinka Kolawole Nigeria has attracted $19.92 billion worth of investment signals in the second quarter of 2025 (Q2’25), indicating a sharp increase of 277.9 percent compared to $5.27 billion recorded in the previous quarter (Q1’25), which brings the total value of investment signals to $25.19 billion in the first half […]

The stock market reversed losses by 0.31 per cent on Thursday, recording N279 billion gain for investors.

Otedola now holds a 16.1% stake in First HoldCo, compared to the 13.15% recorded in September 2024

Emma Ujah, Abuja Bureau Chief & Favour Isaac As the Yuletide sets in, the Central Bank of Nigeria (CBN) has warned Nigerians against naira abuse and the hoarding of the currency. The CBN, in Abuja yesterday flag off the campaign against the mal handling of naira as it increases the costs of maintaining the currency. Deputy […]

•Directs PFAs to report contributions above $10,000 By Rosemary Iwunze As the pension fund continues to grow, hitting N24.6 trillion by June 2025, Pension Fund Administrators, PFAs, now have authorisation to invest part of the funds in foreign currency-denominated instruments. PenCom also directed all PFAs and Pension Fund Custodians (PFCs) to report foreign currency pension […]

By Niyi Okiri A Board Advisor and Senior Lecturer at the Lagos Business School, Nkem Iheanachor, has advised regulators to ‘stop seeing the world as it should be, but to see it as it is’. Iheanachor gave this advice, during his presentation at the 2025 ICE Summit Regulators’ Masterclass, with the theme ‘Balancing The Scales: The […]

All is now set for Nsibidi Institute to showcase the heritage and social culture of Nigerian popular culture.

In an era defined by rapid digital transformation, the Central Securities Clearing System (CSCS) PLC, has emerged as a key driver of innovation within Nigeria’s capital market.

The Lagos Commodities and Futures Exchange (LCFE) has listed Eko Rice Classic Contracts valued at N23.4 billion, marking a major milestone in the transformation of Nigeria’s agricultural and commodities sectors

By Yinka Kolawole The Manufacturers Association of Nigeria (MAN) has cautioned the federal government against the possible introduction of tax stamp system for excisable goods in Nigeria, warning of the risks of heavy compliance costs, increased operational bottlenecks, with limited incremental  revenue. In a statement yesterday, Director General of MAN, Segun Ajayi-Kadir, said while manufacturers […]