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.

DESPITE the country’s challenging and fiercely competitive business environment, Fidelity Bank has recorded improved performance in the first half of 2019, HI’19, recording double-digit growth in key revenue lines whilst achieving significant traction in digital banking uptake. 

LAFARGE Africa Plc’s financial position has been strengthened by about N239 billion as a result of its recently concluded fully subscribed rights issue as well as the divestment from its South African operations.

THE volume of dollars traded (turnover) in the Investors and Exporters, I&E, window of the foreign exchange market rose sharply by 63 percent, month-on-month, to $6.7 billion in August from $4.12 billion in July 2019 .

AFRICA Finance Corporation (AFC) has secured $150 million loan from Japanese investors with MUFG Bank Limited (“MUFG”) and Sumitomo Mitsui Banking Corporation (“SMBC”), acting as Mandated Lead Arranger and Bookrunner.