Capital Market
16 Sep
Director General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama has stated that the commission’s approach to digital asset regulation recognises the potential of the new technology in revolutionising capital markets and shaping the Nigerian economy.
10 Sep
As rising inflation, hardship, foreign exchange losses and other macroeconomic challenges take a toll on investment in the capital market, retail investors have renewed calls for the regulator to intervene and recover over N700 billion investors' funds trapped in private placement since after the 2008-2009 global financial crisis.
5 Sep
Securities and Exchange Commission (SEC) has stated that the recent approval-in-principle granted to two crypto exchanges will attract more youths to the market in line with the commission’s desire to ensure that youths in Nigeria are given the opportunity to participate in the capital market.
31 Mar
The Chairman, Senate Committee on Capital Market and Institutions, Senator Osita Izunaso, has lauded the new minimum capital requirements for banks operating in Nigeria.
9 Feb
Market operators have advocated speedy passage of legislative reforms that would promote more listing in the market to boost liquidity in the market.
4 Dec 2023
For the nation’s economy to grow steadily at sixteen per cent per annum over the next six years to attain $1 trillion economy by 2030, there is need for government to unlock the huge potentials of long term financing inherent in the capital market, as well as ensure that borrowings are tied to infrastructure bonds.…
Latest
2 mins ago
Nigerian musicians are proving that their art knows no limits, both locally and globally. With soulful rhythms, vibrant beats, and stories, they are not just entertaining but also creating records that resonate far beyond borders. Their success isn't just in the charts; it's in the millions of streams they gather within days, setting the pace…
4 mins ago
Cockroaches are sneaky and scuttling creatures that make you reconsider every crumb on your kitchen floor. They don’t just invade your space—they could also invade your health, especially through their bites. Yes, cockroach bites are a thing! If that doesn't give you the creeps, their bacteria buffet will. Can Cockroaches actually bite humans? Yes, they…
16 mins ago
A child and two women were trampled to death in a stampede at a bakery in the central Gazan city of Deir el-Balah on Friday, the hospital that received the bodies said. Two women and "a young girl, died in front of a bakery in Deir al-Balah as a result of a stampede while trying…
39 mins ago
The Chairman of the National Hajj Commission of Nigeria (NAHCON), Professor Abdullahi Saleh Usman, has demanded the sum of N1 billion from Comrade Haruna Braimoh over a defamatory publication targeting his personality. The NAHCON boss also insists on a retraction of the alleged libellous statement published on Braimoh's social media platforms, along with a public…
42 mins ago
The Chairman of the National Sports Commission (NSC), Mallam Shehu Dikko, has called on corporate and private organisations to collaborate with the Commission as it works toward reintroducing school sports to achieve grassroots sports development in the country. Dikko disclosed this while receiving Prince Ezelekhae Ewuare of the Edo Kingdom during a courtesy call. He…
43 mins ago
The Anambra State Police Command has apprehended a couple, Kingsley Okoye, 36, and Chidinma Okoye, 27, for allegedly issuing threat messages and attempting to abduct unsuspecting individuals. In a statement released on Friday, the command’s spokesperson, Tochukwu Ikenga, revealed that the couple specialised in sending threatening text messages to victims, demanding ransom under the ultimatum…
45 mins ago
Human rights lawyer and activist Deji Adeyanju has described the arrest and detention of investigative journalist Fisayo Soyombo as an attempt to cover up the complicity of the navy in crude oil theft. According to Adeyanju, Soyombo's arrest, under the guise of anti-oil theft operations, represents an attack on press freedom and an effort to…
47 mins ago
Governor Mai Mala Buni of Yobe State has secured $3.4 million (N5.44 billion) from Switzerland to address the humanitarian crisis and displacement of persons caused by recent floods and conflicts in the state. According to him, the humanitarian support funding will also sustain economic development and growth for the 2025-2026 period. Buni unveiled the securing…
1 hour ago
The Enugu state government has expressed its desire to regulate the gaming and lottery industry with a view to curbing fraudulent and sharp practices and enhancing public trust. The Executive Secretary of the Enugu State Gaming and Lottery Commission, Arinze Arum, stated during a one-day stakeholder engagement forum titled "Building a Sustainable Gaming Environment in…
1 hour ago
Experts have expressed deep concern over the recent surge in petrol prices in Nigeria, which has reached unprecedented levels. They argue that the current pricing, exceeding N1,100 per litre, is unsustainable and poses a significant threat to the nation's economy and the well-being of its citizens. Mojeed Dahiru and Ayo Akinfe, who were guests on…