Despite the worth of Nigeria Exchange Limited (NGX), estimated to be in excess of N20 trillion, financial technology (Fintech) firms are looking beyond the shores of Nigeria...
Bitcoin and Stock are two of the most liquid assets that have made many millionaires. The stock exchange has been in existence for over 200 years while Bitcoin has only been around for 11 years. People buy Bitcoin and stock for the same reason, which is to grow their money and become financially buoyant.
12 Apr 2019
Konga targets London Exchange, NYSE by 2020 PAN-African e-commerce platform, Jumia Technologies has officially announced its listing on the New York Stock Exchange. The listing on the NYSE happened yesterday in New York, USA, with shares beginning trading at $14.50 under ticker symbol JMIA. By the listing, Jumia became the first startup from Africa to list…
1 Oct 2018
From now till December, United Capital’s relaunched platform- InvestNow, would target no fewer than 20,000 more customers at the bottom of the pyramid in efforts to deepen financial inclusion, foster savings culture and investments, with seamless services in just one portal. The Group Chief Executive Officer of United Capital, Peter Ashade, said it’s brand of…
6 Feb 2018
Panic gripped trading floors across the world on Tuesday, with Asia and Europe plunging after record-breaking losses on Wall Street, as investors fretted over the prospect of rising US interest rates and took profits following months of markets euphoria.
27 Jul 2017
Demutualisation is the process of converting a non-profit, mutually owned organisation to a profit making, investor-owned company. Traditionally, stock exchanges operate as mutually owned entities whose members....
29 Jun 2016
The current storm that is embroiling the controversial Governor of Ekiti State, Ayodele Fayose, may not blow over very soon. It was kicked off when the governor revealed that three of his accounts with Zenith Bank...
15 Jun 2016
From a lowly eight branches and 13 pre-integration with the acquired institution, to 165 now alongside its technology-driven Automated Banking Centres, Heritage Bank Limited...
30 May 2016
This suggests that a bounce in GBP should be limited if the UK voted to stay in the EU, and fundamentals which have been ignored most recently will be back in play.
16 May 2016
The CSCS is the Central Security Depository for the Nigerian Capital markets. We do the clearing and settlements of all transactions in the Nigerian capital markets.