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FG issues N1.1trn Sukuk bonds for road projects

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The Federal Government has issued six Sovereign Sukuk worth N1.1 trillion ($657.6 million) to finance 124 federal road projects in the country. The Securities and...

Banks, others raise N2.7trn via rights, public issuance

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The Securities and Exchange Commission (SEC) says more than N2.7 trillion has been raised in the capital market by banks and other companies. The Director-General...

Access Holdings secures SEC approval for N351bn rights issue

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Access Holdings Plc has announced approval by the Securities and Exchange Commission (SEC) for the commencement of its N351 billion Rights Issue (the Offer). Access...

‘Highly risky’: SEC warns Nigerians against Davido’s bitcoin

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The Securities and Exchange Commission (SEC) has warned Nigerians against investing in $Davido, a cryptocurrency platform recently unveiled by popular singer, David Adeleke, well...

Popoola replaces Onyema as NGX Group GMD/CEO

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The Nigerian Exchange Group Plc. (NGX Group) has appointed Mr. Temi Popoola as its Group Managing Director/Chief Executive Officer (GMD/CEO) -designate effective January 1,...

Access Bank launches custody services for customers’ financial assets

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As part of its expansion strategy, Access Bank Plc has launched custody services to offer safekeeping and servicing of financial assets to its customers. The...

Dangote Cement gets SEC approval to buy-back shares

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Dangote Cement has received approval of the Securities and Exchange Commission (SEC) for the establishment of a new share buy-back programme. The company said in...

Senate queries SEC for spending 90% revenue on salaries, emoluments

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The Senate has queried the Securities and Exchange Commission (SEC) for spending N6 billion out of its N9 billion revenue on salaries and other...
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