Nigerian Capital Market In View Of Its Potential Growth
As Nigeria celebrates 25 years of uninterrupted democratic governance, financial market experts took stock of the local capital market’s evolution and growth prospects. Despite notable achievements since 1999, including a 14.06 percent annual compound growth in market capitalisation, stakeholders believe the market has yet to fully exploit its potential for capital formation. Historical Perspective and […]
Read MoreFidelity Bank To Launch Public Offer, Rights Issue On June 20
Fidelity Bank Plc, Nigeria’s sixth largest bank, is set to open its public offer and Rights Issue on Thursday, June 20, 2024. This strategic move is part of the bank’s efforts to bolster its capital base in response to the revised minimum capital requirements introduced by the Central Bank of Nigeria (CBN) on March 28, […]
Read MoreInfraCredit, SEC Partner To Boost Capital Market Innovation
In a significant move towards fostering infrastructure development through capital market innovation, InfraCredit’s leadership team, headed by Chief Executive Officer (CEO), Mr. Chinua Azubike, met with the Executive Management of the Securities and Exchange Commission, Nigeria (SEC). The strategic meeting underscored the shared vision of both entities to stimulate domestic credit flow from the capital […]
Read MoreSEC Registers Three Crowdfunding Platforms
In a significant move aimed at bolstering the financing landscape for small businesses in Nigeria, the Securities and Exchange Commission (SEC) has registered three new crowdfunding platforms, with an additional three applications currently under review. This announcement was made by Mr. Emomotimi Agama, the Director-General (DG) of SEC, during a recent stakeholder’s dialogue on the […]
Read MoreThe Place Of Investor Protection In The Growth Of The Nigerian Stock Market
By Enam Obiosio The Nigerian stock market, represented by the Nigerian Stock Exchange (NSE), plays a pivotal role in the economic development of Nigeria. It provides a platform for companies to raise capital and for investors to realise returns on their investments. Investor protection is crucial to building trust and confidence in the market, thereby […]
Read MoreIBB Urges NIPR To Enhance Nigeria’s Global Image
The Nigerian Institute of Public Relations (NIPR) recently marked its 60th anniversary with celebrations across its state chapters, emphasising the importance of public relations in Nigeria. Members felt “refreshed, renewed, and reinvigorated,” planting 60 trees in major Nigerian cities as part of a Diamond Walk. The leadership poetically described the institute as “Like a diamond, […]
Read MoreAfDB, Experts Advocate For Private Sector Investment In African Higher Education
Experts from the African Development Bank (AfDB) have urged African nations to attract private-sector collaboration to finance higher education. This call to action was made during the AfDB’s ongoing Annual General Meeting and a high-level dialogue held in Kenya on Wednesday. The dialogue, titled “Policy Dialogue on Innovative Financing for Tertiary Education in Africa: Revitalizing […]
Read MoreTCU Appoints New Vice Chancellor of Marketing & Communication
Merianne RothMerianne Kimmel Roth was named TCU’s newest vice chancellor for marketing and communication. The career of Roth, currently associate vice chancellor, spans both corporate and community executive leadership roles that will be beneficial in leading the university’s Division of Marketing & Communication. “Her impressive array of skills and brand expertise will be instrumental in […]
Read MoreAfDB Seeks To Enhance Infrastructure Investment Amid Rising African Growth
Africa’s economic growth is projected to rise to 3.7% this year and 4.3% next year, up from 3.1% in 2023, African Development Bank (AfDB) President, Dr. Akinwumi Adesina, announced on recently. He expressed optimism that the bank could increase infrastructure investment with assistance from the International Monetary Fund (IMF). “African economies are showing remarkable resilience […]
Read MoreAfrican Leaders Demand Overhaul of Global Financial System at Economic Summit
At a major economic conference in Kenya this week, African leaders emphasised the urgent need to reform the global financial system, which they argue unfairly burdens African nations with exorbitant borrowing rates. African Development Bank (AfDB) President, Dr. Akinwumi Adesina, condemned the “so-called Africa risk premium,” which forces countries on the continent to borrow at […]
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