Managing Director, MD, Investment Banking at the United Capital Plc, Babatunde Obaniyi, in this interview speaks on fund raising from Nigerian capital market to finance infrastructure deficits, mergers and acquisitions to meet capital requirements of corporate entities, apathy for equities, need for diversification to fixed income instruments, power sector challenges, among other issues. Excerpts:

Foreign investors have injected funds into 20 microfinance banks (MfBs)  in a bid to aid their compliance with    the new minimum capital requirement of the  Central Bank of Nigeria, CBN.

Over time, investors in the Nigerian capital market have been complaining about the cumbersome process of taking ownership of the investments of their deceased family members. However, the  Commission said it has made some progress in attempting to resolve the issues around transmission of shares related to the estate of deceased investors, adding that the process has commenced with the Lagos State Probate Registry.

William Adebayo is the Coordinator of Greenwich Shareholders Association. In this interview, he spoke on some stock market issues as well as penalties on banks imposed by the Central Bank of Nigeria (CBN), saying that the fines will keep the bankers alive to their responsibilities. So far what would say about 2018 financial results of […]

Report by the National Bureau of Statistics, NBS, is a pointer to the emerging trend in the Nigeria’s external sector, principally the export sector, and specifically the non-oil exports.

THE Association of Bureaux De Change Operators of Nigeria (ABCON) has called for elimination of fuel and foreign exchange subsidies in order to address structural defects in the economy.

ANALYSTS are divided in their predictions for the outcome of the Monetary Policy Committee (MPC) meeting holding today and tomorrow even as the Debt Management Office (DMO) flags off its bond issuance programme for the third quarter (Q3’19) with a N145 bond auction this week. 

AHEAD of its 2019 Annual General Meeting, AGM, Red Star Express Plc has urged its shareholders to update their records with the Registrar to ensure accuracy before dividends are declared.

FINANCIAL analysts have predicted a bullish run this week for the equities market amidst positive sentiment on the release of first half 2019, H1’19, companies’ results on the Nigerian Stock Exchange, NSE.

FIRST Bank of Nigeria Limited has announced its organisation of a joint seminar with sub-Saharan African banking and telecom regulators to promote financial inclusion through digital innovations in sub-Saharan Africa.