Court Ruling Entrenches Nigeria’s Investor Relations
By Enam Obiosio The recent ruling by the Federal High Court in Lagos, dismissing an attempt by an MTN shareholder to block the Federal Competition and Consumer Protection Commission’s (FCCPC) investigation into the telecom giant, has brought to light critical lessons on corporate governance, regulatory compliance, and the essence of investor relations (IR) in […]
Read MoreHow Investor Relations Can Boost Trust Amid Nigeria’s Banking Shake-Up
By Enam Obiosio With Nigeria’s banking sector poised for a new wave of mergers and acquisitions (M&A) following the Central Bank of Nigeria’s (CBN) latest recapitalisation requirements, the spotlight is once again on investor relations (IR) as a critical tool for success. While recapitalisation policies aim to strengthen the banking sector and enhance resilience, they […]
Read MoreAFC Secures $400m Shariah-Compliant Murabaha Facility
Africa Finance Corporation (AFC) has successfully secured a US$400 million Shariah-compliant Commodity Murabaha facility, marking its return to the Islamic finance market after eight years. Initially launched at US$300 million, the facility was upsized to US$400 million due to strong investor demand, achieving 47 percent oversubscription. The transaction attracted 11 leading Islamic financial institutions, including […]
Read MoreFidelity Bank Unveils SME Hub To Support Nigerian SMEs
Fidelity Bank has unveiled the Fidelity SME Hub, a dedicated facility designed to support small and medium-scale enterprises (SMEs) and creative entrepreneurs in Nigeria. Situated in Lagos, the hub is intended to provide businesses with essential resources, training, and networking opportunities, helping them grow and thrive in a highly competitive economic environment. The SME Hub […]
Read MoreSEC To Teach State Governments on Capital Market Investment Opportunities
In a bid to unlock economic potential and drive wealth creation across Nigeria’s states, the Securities and Exchange Commission (SEC) is set to embark on an investor education initiative targeted at state governments. The move is aimed at enhancing their understanding of capital market opportunities, financial markets, investment strategies, and regulatory frameworks. The Director General […]
Read MoreFG, W\Bank Discuss Capital Market Solutions for Infrastructure Funding
The World Bank has announced plans to introduce its Joint Capital Markets Programme (J-CAP) in Nigeria, aiming to strengthen the country’s capital markets and increase funding for key sectors such as infrastructure, housing, and agriculture. Mrs. Patricia Canziani, Global Head of Capital Markets and Housing, Financial Institutions at the International Finance Corporation (IFC), disclosed this […]
Read MoreInvestor Relations: Impacting MSMEs Crowdfunding in Nigeria
By Enam Obiosio Micro, Small, and Medium Enterprises (MSMEs) are the backbone of Nigeria’s economy, contributing significantly to employment and gross domestic product (GDP) growth. However, one of the most pressing challenges these enterprises face is access to adequate funding. In response to this, the Securities and Exchange Commission (SEC) on January 21, 2021 introduced […]
Read MoreAfrica Prudential Appoints New Directors
Africa Prudential Plc has announced the appointment of Mr. Oluwaseyi Abe as an Independent Non-Executive Director and Mr. Chidi Okpala as a Non-Executive Director. These appointments took effect from January 28, 2024, pending the approval of the Securities and Exchange Commission (SEC). In a recent statement signed by the company secretary, Mr. Joseph Jibunoh, Africa […]
Read MoreAdeduntan Launches Sequoia Financial Services
The former Chief Executive Officer (CEO) of FirstBank, Mr. Adesola Adeduntan, has launched a new financial services firm, Sequoia Financial Services Limited, marking his first major venture since stepping down from the bank in April 2024. He, who led FirstBank for nine years, brings a wealth of experience in banking, corporate finance, and risk management […]
Read MorePresco PLC Reports N128bn Full-Year Pre-Tax Profit
Presco PLC has announced a full-year pre-tax profit of N128 billion in its latest financial report, released on the Nigerian Exchange (NGX) on January 31, 2025. This marks a 156.05 percent increase compared to the N50 billion reported in 2023, with the fourth quarter (Q4) alone recording an impressive N60.9 billion—up 233.46 percent from the […]
Read More