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JenneteUgo Anya
- November 26, 2024
OPay Adopts Nigeria’s AfriGO Card To Boost Digital Payments
Financial technology firm OPay has adopted Nigeria’s domestic card, AfriGO, as part of its efforts to enhance digital payment services across the country. The AfriGO card, developed under Nigeria’s National Domestic Card Scheme, is powered by Afrigopay Financial Services Limited (AFSL), a subsidiary of the Nigeria Inter-Bank Settlement System (NIBSS). Speaking on the initiative, OPay’s […]
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- November 25, 2024
NGX Trading Volume Drops To 77% As Inflation Concerns Weigh On Investor Sentiment
The Nigerian Exchange (NGX) Limited experienced a sharp drop in trading volume last week, with transactions falling by 77 percent as investors reassessed their portfolios amid prevailing macroeconomic uncertainties. Recent data from the exchange showed that trading volume dropped significantly, with investors transacting 1.482 billion shares worth ₦38.875 billion in 44,795 deals. This marked a […]
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- November 25, 2024
Domestic Investors Dominate NGX As Transactions Hit ₦3.73tn YTD
Domestic transactions on the Nigerian Exchange (NGX) reached a remarkable ₦3.73 trillion year-to-date (YTD) in October 2024, accounting for 83.35 percent of the total market activity. This highlights the dominance of local investors in driving Nigeria’s capital market. Total market transactions in October stood at ₦502.73 billion, marking a slight 1.97 percent increase from September’s […]
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- November 25, 2024
Zenith Bank Illuminates Ajose Adeogun Street For The 18th Year
Zenith Bank has once again heralded the festive season with its 18th annual Light-up ceremony, transforming Ajose Adeogun Street and Roundabout in Victoria Island, Lagos, into a dazzling yuletide wonderland. The event, held on Saturday, November 23, 2024, was officiated by the Group Managing Director/Chief Executive of Zenith Bank Plc, Dr. Adaora Umeoji. This iconic […]
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- November 22, 2024
Haldane McCall Plc Lists On NGX, Offering 3.12bn Shares
Haldane McCall Plc has officially listed on the Main Board of the Nigerian Exchange Limited (NGX), offering 3.12 billion ordinary shares of 50 kobo each at N3.84 per share. According to announcement on the officail website of the NGX, the listing, with a market capitalisation exceeding N11.99 billion, marks a significant step for the […]
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- November 20, 2024
NIPR President Joins Africa Regional Council
Dr. Ike Neliaku, President of the Nigerian Institute of Public Relations (NIPR), has been appionted to the Africa Regional Council of the Global Alliance for Public Relations and Communication Management. This appointment is a testament to the NIPR’s outstanding initiatives in shaping public relations practice in Nigeria and beyond. According to Prof. Justin Green, […]
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- November 19, 2024
Protecting Brands From The Misinformation Crisis
Misinformation and disinformation have become significant threats to public trust and brand reputation, as social media and digital platforms accelerate the spread of false and misleading content. As organisations, governments, and brands sail these challenges, the task of maintaining credibility and trust has grown more complex. With global estimates placing the cost of fake […]
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- November 19, 2024
Xiaomi Nigeria Unveils Dual-Brand Strategy
Xiaomi Nigeria has unveiled its dual-brand strategy, introducing two distinct brands—Xiaomi and POCO—that are set to cater to the varied tastes and technological needs of Nigerian consumers. This forward-thinking approach is a significant milestone for Xiaomi, highlighting its dedication to innovation and its long-term investment in the Nigerian market. Under this new strategy, the […]
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- November 19, 2024
Transcorp Plc Completes Successful Share Reconstruction
In a move aimed at enhancing long-term shareholder value, Transnational Corporation (Transcorp) Plc, one of Nigeria’s foremost conglomerates, has recently completed a successful share reconstruction. This strategic initiative aligns with the company’s growth trajectory and its goal of maximising value for its investors. The share reconstruction involved consolidating the company’s total issued shares at a […]
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- November 19, 2024
Three Stocks Record Over N19.8bn Turnover As Financial Sector Leads NGX
Three financial stocks—Access Holdings Plc, United Capital Plc, and United Bank for Africa Plc (UBA)—have led the equities sector of the Nigerian Exchange Limited (NGX) last week, collectively accounting for 72 percent of total market turnover. The sector’s dominance continued, with a total of 1.068 billion shares valued at N19.8 billion traded in 21,001 deals. […]
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