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Jennete Ugo Anya
- January 20, 2025
NASD OTC Securities Exchange Achieves Remarkable Growth In 2024
The NASD OTC Securities Exchange Plc recorded impressive growth in 2024, with its Securities Index closing at 223.64 percent and the NASD Pension Index reaching an outstanding 433.20 percent. Despite challenges in the operating environment, trading activity surged significantly, with the number of trades increasing by 127.31 percent year-on-year and the value of trades rising […]
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- January 20, 2025
SEC Reminds CMOs To Renew Registration By January 31, 2025
The Securities and Exchange Commission (SEC) has issued a reminder to Capital Market Operators (CMOs) to complete their annual registration renewal by January 31, 2025. This directive, outlined in a recent circular, mandates operators to begin the renewal process from January 1, 2025. According to the SEC, the annual renewal ensures that only qualified and […]
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- January 17, 2025
Concerning The Dispute Between FBN Holdings And GHL
From: Enam Obiosio Date: January 17, 2025 To: All Parties Concerned Subject: Ensuring a Peaceful Resolution to Safeguard Stakeholder Interests and Market Stability The ongoing dispute between FBN Holdings Plc and General Hydrocarbons Limited (GHL) over the alleged $225 million loan has raised significant concerns within the financial and investment communities. This conflict, if left […]
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- January 16, 2025
OpenAI Appoints Ogunlesi As Board Of Directors
OpenAI, the San Francisco-based artificial intelligence leader, has announced the appointment of Mr. Adebayo Ogunlesi to its Board of Directors. Mr. Ogunlesi, a Senior Managing Director at BlackRock Inc. and former Chairman and Chief Executive Officer (CEO) of Global Infrastructure Partners (GIP), brings extensive expertise in infrastructure investments and global market strategy to the organisation. […]
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- January 16, 2025
LemFi Secures $53m in Series B Funding
Remittance-focused fintech startup, LemFi, has successfully raised $53 million in a Series B funding round, marking a significant milestone in its quest to enhance global financial inclusion. The funding round was spearheaded by London-based growth-stage investment firm Highland Europe, with participation from existing investors, including Endeavor Catalyst, Left Lane Capital, Palm Drive Capital, and Y […]
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- January 16, 2025
Zeenab Foods Launches Series 3 Commercial Paper Notes
Zeenab Foods Limited (ZFL) has unveiled its Series 3 Commercial Paper Notes, offering investors the opportunity to participate in a dual-tranche issuance aimed at raising up to N10 billion. This marks a significant milestone in the company’s broader N20 billion Commercial Paper Programme. The Series 3 issuance is divided into Tranche A and Tranche B, […]
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- January 16, 2025
AFC Debuts $500m Perpetual Hybrid Bond
Africa Finance Corporation (AFC), the continent’s leading infrastructure lender, has successfully issued its inaugural $500 million perpetual hybrid bond, setting a new benchmark for African institutions in the global capital markets. This transaction, priced at a 7.50 percent coupon with no fixed maturity date, highlights AFC’s expertise in raising funds to support transformative infrastructure projects […]
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- January 14, 2025
ChamsAccess Appoints Olayemi Odufeso As Managing Director
ChamsAccess Ltd has announced the appointment of Mrs. Olayemi Odufeso as its new Managing Director, marking the beginning of a transformative era for the company. With over 20 years of diverse professional experience, Mrs. Odufeso is set to steer ChamsAccess toward growth and innovation in the tech sector. Mrs. Odufeso’s extensive expertise spans leadership, finance, […]
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- January 14, 2025
Veritas Kapital Assurance Bags Double Awards
Veritas Kapital Assurance Plc emerged as a winner at the 2024 Customer Service Excellence Awards, earning two prestigious titles: Insurance Brand of the Year and Best Customer Care Insurance Chief Executive Officer (CEO) of the Year. The awards ceremony, held recently, recognised the company’s dedication to exceptional customer service and strong brand leadership. Dr. Adaobi […]
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- January 14, 2025
Lasaco Assurance Completes ₦11.10bn Private Placement
Lasaco Assurance Plc has successfully concluded a private placement of 9,250,000,000 ordinary shares of 50 kobo each at ₦1.20 per share, raising a total of ₦11.10 billion. The exercise, which commenced on Monday, September 23, 2024, and ended on Friday, October 4, 2024, was fully subscribed, reflecting strong investor confidence in the company’s prospects. The […]
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