United Bank for Africa Plc (UBA) has commenced the process to raise over ₦157 billion through a rights issue aimed at strengthening its capital base and...
The Securities and Exchange Commission (SEC) has announced that all capital market stakeholders and prospective issuers must begin filing applications for the issuance of Commercial Papers...
Sterling Financial Holdings Company Plc has listed 6,659,927,623 additional ordinary shares of 50 Kobo each on the Daily Official List of the Nigerian Exchange Limited (NGX)...
Liquidity conditions in Nigeria’s money market strengthened last week as total system liquidity rose by 62.3% to ₦2.2 trillion. According to a market update by Afrinvest,...
Nigeria’s financial markets recorded a surge in activity in January 2025 with total secondary market turnover hitting N57.04 trillion, according to the latest financial markets monthly...
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced an outstanding return to the global debt capital markets, successfully issuing a US$500 million...
Ecobank Transnational Incorporated, a leading pan-African banking group with presence in 35 African countries has announced plans to raise funds through issuance of 5-year US dollar-denominated...
In June 2024, the FMDQ Securities Exchange reported a 30.47% decline in the fixed-income market turnover from the previous month. Despite this downturn, bond trading showed...
Nigeria has emerged as the epicenter of private equity activity across Africa as $2.59 billion worth of deals were done in the first quarter of 2024....
Stanbic IBTC Holdings, one of Nigeria’s leading financial institutions, is set to raise a total of N550 billion through a combination of debt issuance and a...
