58 h. ago JUST IN: Tinubu signs Investment and Securities Bill 2025 into law

By Chukwuma Umeorah     President Bola Tinubu has signed the Investments and Securities Bill (ISB) 2025 into law, replacing the Investments and Securities Act No. 29 of 2007. The enactment of the new law, now known as the Investments and Securities Act (ISA) 2025, aims to strengthen Nigeria’s capital market framework, enhance investor protection, […] The post JUST IN: Tinubu signs Investment and Securities Bill 2025 into law appeared first on The Sun Nigeria.

Politics

3 d. ago Senate moves to block sale of Lafarge Cement to Chinese firm

From Adesuwa Tsan, Abuja The Senate has directed the Bureau of Public Procurement (BPE), to immediately halt the planned sale of Lafarge Cement Plc to a Chinese company. The move according to the Senate, is to protect national security and economic sovereignty. It also mandated its Committees on Capital Market, Trade and Investment and Securities […] The post Senate moves to block sale of Lafarge Cement to Chinese firm appeared first on The Sun Nigeria.

Politics

4 d. ago Senate moves to block sale of Lafarge Cement to Chinese firm over national security, economic concerns

From Adesuwa Tsan, Abuja   In a bid to protect national security and economic sovereignty, the Senate has directed the Bureau of Public Procurement to immediately halt the planned sale of Lafarge Cement Plc to a Chinese company. It also mandated its Committees on Capital Market, Trade and Investment and Securities and Exchange Commission to […] The post Senate moves to block sale of Lafarge Cement to Chinese firm over national security, economic concerns appeared first on The Sun Nigeria.

Economics

4 d. ago We’re In Final Stages Of Initial Public Offering, Says NNPCL

The Nigerian National Petroleum Company Limited (NNPC Ltd) has revealed that it was at the final stages of getting listed in the capital market, in keeping with the provisions of the Petroleum Industry Act (PA) 2021. The company’s chief finance and investor relations officer (CFIO), Olugbenga Oluwaniyi, made this disclosure at a consultative meeting with […]

Politics

4 d. ago Capital market listing imminent for NNPC as it announces plans for IPO

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced its final stage of getting listed in the capital market, read more Capital market listing imminent for NNPC as it announces plans for IPO

Politics

7 d. ago Capital market operators engaged in illegal activities will be punished — SEC

Tribune Online Capital market operators engaged in illegal activities will be punished — SEC He said, “It's important that, as a form of self-regulation, they are aware beforehand that if you do what is not right, the SEC will bring you out to the world to say that you do not have character because the very ethics of regulating or registering a securities market operator is in the principle of the fit and proper person's test. Capital market operators engaged in illegal activities will be punished — SEC Tribune Online

Politics

7 d. ago No Hiding Place For Rule Violators Operate In Capital Market – SEC

The Securities and Exchange Commission (SEC) has said there is no hiding place for rule violators  in the country’s capital market. The director general of SEC, Dr Emomotimi Agama, gave the warning in a notice to operators on Sunday in Abuja. Agama said in the notice that market operators engaging in unscrupulous activities would not […]

Politics

1 week ago Volatility Maintains Grip On Stock Market As Investors Loss N36bn

The Nigerian stock market yesterday extended its negative trajectory, as investors’ investments declined by N36 billion. The All-Share Index (ASI) shed 56.36 points, representing a decline of 0.05 per cent to close at 104,858.77 points. Also, market capitalisation dipped by N36 billion to close at N65.754 trillion. The downturn was driven by price depreciation in […]

Politics

1 week ago Banking stocks drive financial sector to N9.49tn market value

The financial services sector on the Nigerian Exchange closed with a total market capitalisation of N9.49tn, driven by performances from banking stocks, particularly Guaranty Trust Holding Company Plc, Zenith Bank Plc, and Access Holdings Plc. Guaranty Trust Holding Company Plc emerged as the most valuable financial institution, with a market capitalisation of N2.07tn, trading at Read More

Politics

2 w. ago Uwaleke calls for enhanced corporate governance to boost capital market

Uche Uwaleke, a Professor of Capital Market at the Nasarawa State University, Keffi, has called for enhanced corporate governance to read more Uwaleke calls for enhanced corporate governance to boost capital market

Politics

2 w. ago ‘It still looks like a dream’: Distraught shop owners reel from Aleshinloye market fire disaster

Tribune Online ‘It still looks like a dream’: Distraught shop owners reel from Aleshinloye market fire disaster     SOJI AJIBOLA, OLAWALE OLANIYAN and ADEREMI OGUNDARE share accounts from traders and shop owners who fell victim to Tuesday’s fire outbreak at the popular Aleshinloye market, located in Ibadan, the Oyo State capital. Authorities say about 500 shops were affected even as they look to government authorities for economic salvation.   It was […] ‘It still looks like a dream’: Distraught shop owners reel from Aleshinloye market fire disaster Tribune Online

Politics

2 w. ago Equities market further decline by 0.07% as overall investment sheds N48bn

Tribune Online Equities market further decline by 0.07% as overall investment sheds N48bn The local bourse extended its decline as the All-Share Index (ASI) fell by 0.07 percent to 106,090.38 basis points on Wednesday. This downturn resulted in a corresponding 0.07 percent decrease in the market capitalization of listed equities, reducing it to N66.44 trillion and wiping out N48 billion from investors’ portfolios. Sequentially, the Month-to-Date and Year-to-Date […] Equities market further decline by 0.07% as overall investment sheds N48bn Tribune Online

Politics

2 w. ago Fire Razes Goods, Properties At Popular Alesinloye Market In Oyo

Goods, shops and properties worth millions of naira were destroyed as a result of fire incident that razed some parts of the popular Aleshinloye Market in Ibadan, the Oyo State capital. The fire incident which broke out at the midnight left the trails of losses, wailing and anguish as many traders lost multiple shops to […]

Politics

2 w. ago Equities market reverses previous day’s gain, investors lose N284bn

Tribune Online Equities market reverses previous day’s gain, investors lose N284bn The local stock market declined as the All-Share Index of the Nigerian Exchange (NGX) dropped by 0.43 percent to 106,167.75 basis points on Tuesday. This downturn resulted in a corresponding 0.43 percent reduction in the market capitalization of listed equities, bringing it down to N66.48 trillion and wiping out N284 billion from investors’ portfolios.As a […] Equities market reverses previous day’s gain, investors lose N284bn Tribune Online

Politics

3 w. ago Equities market opens week positive as investors earn N52.2bn

Tribune Online Equities market opens week positive as investors earn N52.2bn At the beginning of the trading week, the local stock market experienced a positive shift, with the All-Share Index rising by 0.08 percent to 106,621.91 basis points.Despite this, market capitalization also grew by 0.08 percent to N66.77 trillion, adding N52.2 billion to investors’ portfolios. However, sectoral performance was largely negative, as key sectors—Insurance, Oil & […] Equities market opens week positive as investors earn N52.2bn Tribune Online

Politics

3 w. ago NAFDAC promises fake beverage producers ‘hard times’, arrests one

The National Agency for Food and Drug Administration Control has promised “hard times” to producers of adulterated beverages following the arrest of one Anthony Chidi inside the Mile 3 Market in the Diobu area of Port Harcourt, the state capital. The Public Relations Officer, South-South Zone, NAFDAC, Cyril Monye, disclosed this in a statement on Read More

Politics

3 w. ago $1tn economy: FG urges women to explore capital market investment opportunities

The Federal Government has called on women across the country to explore investment opportunities in the capital market, describing it as a vital tool for wealth creation and economic empowerment. The appeal came during the launch of the Securities and Exchange Commission Podcast in Abuja on Tuesday, an event aimed at boosting financial literacy and Read More

Politics

3 w. ago Can Tron (TRX) and Cardano (ADA) Flip Dogecoin (DOGE)? This Coin Under $1 Might Do It Before Them

Tron (TRX) and Cardano (ADA) are competing to surpass Dogecoin (DOGE) in terms of market capitalization and user adoption. Despite boasting of the vastly superior web of use cases for their vibrant ecosystems, TRX and ADA will most likely fall behind DOGE’s community-based support and meme appeal. Rexas Finance (RXS), a newcomer, has the potential Read More

Politics

4 w. ago DLM Securities Unveils Innovative Trading Portal To Unlock Retail, Institutional Investors

DLM Securities, a subsidiary of DLM Capital Group, and market leader on the Nigerian Exchange Limited, has unveiled an innovative online trading portal designed to simplify financials and stock trading for investors. The online trading platform is designed to provide retail and institutional investors with seamless, efficient and automated trading driven by technology and market […]

Politics

4 w. ago Don frowns at funding mismatch in Nigeria’s budget implementation

Tribune Online Don frowns at funding mismatch in Nigeria’s budget implementation A Don and the Director of Capital Market Studies, Nasarawa State University, Keffi, Nasarawa State Professor Uche Uwaleke, has expressed concerns over the significant funding mismatch in Nigeria’s budget implementation, highlighting the disparity between the country’s recurrent and capital expenditures. This mismatch has resulted in a low capital budget implementation rate of 25 percent, compared […] Don frowns at funding mismatch in Nigeria’s budget implementation Tribune Online

Politics