Month: May 2019
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Business Insight
MTN Nigeria pays last tranche of N330bn registration fine
Leading telecom operator, MTN Nigeria Communications Plc (MTN Nigeria), has paid a last tranche of N55 billion to the Nigerian…
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Oando Plc faults SEC’s investigation, to challenge outcome
Oil production and marketing company, Oando PLC, has responded to its investigation and sanctions announced by the Securities and Exchange…
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Corporate Spotlight
SEC hammers Oando Plc over infractions, bars Group CEO, others to step down
The hammer of Nigeria’s capital market regulator, the Securities and Exchange Commission (SEC) has fallen on some Board members of…
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Commentaries
Yemi Kale, Czar at National Bureau of Statistics
Many would think that the Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu is the biggest fear…
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Business Insight
Access Bank announces early redemption of USD400m subordinated unsecured notes
Major Nigerian lender, Access Bank, has indicated its intention to move for an early redemption of the USD400 million subordinated…
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Business Insight
NSE launches ‘Facts Behind the Sustainability Report’
In its quest to continually champion sustainable practices in the African capital markets, the Nigerian Stock Exchange (NSE) has announced…
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Corporate Spotlight
Nestle Nigeria shareholders demand for bonus issue
Shareholders of Nestle Nigeria Plc have called on the Board of Directors and Management to consider issuing bonus shares to…
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Berger Paints restructures for global competitiveness
Taking cognizance of developments in its sector, Berger Paints Nigeria Plc has announced that it is adopting strategic transformational initiatives…
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Financial Market
SEC cautions capital market operators on illegal collection of fees
Brokers, issuing houses/book runners, receiving agents and other operators in the primary and secondary market segments of the Nigerian capital…
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Financial Market
ASHON unfolds 13-point blueprint to reinvigorate capital market
The Association of Securities Dealing Houses of Nigeria (ASHON), has urged its members to conduct diagnostic test on their businesses…
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