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GTCO Plans N500bn Public Offering to Raise Capital for Expansion

Guaranty Trust Holding Company Plc (GTCO) Plc, has filed a preliminary “red herring” prospectus (Red Herring Prospectus) with the Securities and Exchange Commission (SEC)...

TotalEnergies Marketing Declares N8.49bn Dividend Despite Profit Dip

TotalEnergies Marketing Nigeria Plc has announced a dividend payment of N8.49 billion, or N25 per share, for the 2023 financial year, despite a 20%...

Fidelity Bank public offer, rights issue to open Thursday June 20, 2024

Fidelity Bank public offer, rights issue to open Thursday June 20 Nigeria’s 6th largest bank, Fidelity Bank Plc will on Thursday, June 20, 2024 open...

Investing in Davido Coin Highly Risky – SEC

The securities and Exchange Commission has warned that investing in meme coins, including $Davido, is highly risky and should be done with a full...

SAHCO Pledges Improved Profitability and Dividend in 2024

The Chairman of Skyway Aviation Handling Company (SAHCO) Plc, Barrister Taiwo Afolabi, has assured its shareholders of enhanced profitability and dividend in the current...

FrieslandCampina WAMCO Assures Shareholders of Sustainable Future Despite Challenging Year

Despite a difficult year marked by declining revenue and a net loss, FrieslandCampina WAMCO Nigeria Plc's Chairman, Jacob Moyo Ajekigbe, has assured shareholders of...

Famzhi Interbiz Boss Jailed for Five Years for N2 Billion Ponzi Fraud

In a major boost to the enforcement activities of the Securities and Exchange Commission, the Chairman and Managing Director of Famzhi Interbiz Ltd, Mariam...

NGX Commends Neimeth International Pharmaceuticals for Enhancing Operations and Restoring Investor Confidence

Nigerian Exchange (NGX) commended the Board and Management of Neimeth International Pharmaceuticals Plc in enhancing operations, promoting business continuity, and restoring investor confidence. Acting Chief...

Tolaram Acquires 58.02% Majority Stake in Guinness Nigeria, Diageo Retains Brand Ownership

Tolaram, a multinational company, has agreed to acquire 58.02% of Diageo's shareholding in Guinness Nigeria Plc, subject to regulatory approvals. The deal, expected to...

Market Development: SEC to Embark on Aggressive Sensitisation … Mulls Setting Up Capital...

In a bid to develop and deepen the capital market and attract more young people, the Securities and Exchange Commission is to embark on...

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N17bn Debt: GTBank Drags Afex, 13 Banks, and 60 Executives to Court

Guaranty Trust Bank has dragged no fewer than 60 top executives of 13 commercial banks to court as a pending suit between GTBank and...

Agama Calls for Innovation in Capital Market, Highlights SEC’s Regulatory Incubation Programme

The Director General of the Securities and Exchange Commission, Dr. Emomotimi Agama has urged stakeholders in the capital market to embrace innovation as a...

Union Bank Champions Environmental Restoration, Marks World Environment Day

Union Bank of Nigeria Plc, one of Nigeria’s foremost financial institutions, has reemphasised the need to preserve and restore the global habitat through sustainable...