Category Archives: Capital Market

GTBank, DBN collaborate on disbursement of N25 billion MSMEs’ fund

GTBank, DBN collaborate on disbursement of N25 billion MSMEs’ fund

Guaranty Trust Bank Plc (GTBank) is partnering with the Development Bank of Nigeria (DBN) to disburse N25billion funding to entrepreneurs in Nigeria’s Micro, Small and

Foreign investors dump more Nigerian shares

Foreign investors dump more Nigerian shares

The nation’s stock market suffered foreign investment outflows of N41bn in April, compared to N30.20bn in the previous month, Data obtained from the Nigerian Stock

Nigeria’s consumer finance market massive, risky says Opaleye

The Chief Executive Officer, SEL Capital Limited, Mr. Segun Opaleye, in this interview during the opening of the company’s head office in Victoria Island, Lagos,

Stock market opens week with N221bn gain

Stock market opens week with N221bn gain

The nation’s stock market opened the week with a N221bn gain on Monday as it sustained the positive momentum witnessed since Thursday’s trading session after

FG to move manufacturing industry from 10 to 20% of GDP

FG to move manufacturing industry from 10 to 20% of GDP

The federal government has been making several efforts to foster industrial revolution in Nigeria, in this interview with BAYO AMODU, the Minister of Industry, Trade

Nigeria begins process to end gas emission from vessels

Nigeria begins process to end gas emission from vessels

Nigeria has joined the league of maritime nations that takes clean fuel for ships as a priority in pursuance of the International Maritime Organisation (IMO)

U.O.O. targets N1 billion turnover in 2021

U.O.O. targets N1 billion turnover in 2021

One of the country’s foremost multi-faceted company, U.O.O. Nigeria Plc, said it plans to increase turnover to about N1 billion in the next two years,

Giving Microfinance banking a facelift

Giving microfinance banking a facelift

Globally, microfinance banks (MFBs) are known for their intermediation role, especially in the provision of financial services to micro and small businesses with the primary

Investors lose N113b in four trading days

Investors lose N113b in four trading days

The reign of the bears yesterday continued unabated on the equity sector of the Nigerian Stock Exchange (NSE), just as virtually as the blue-chip stocks

FMDQ, NSE list north south power company N8.50bn bond

FMDQ, NSE list north south power company N8.50bn bond

The FMDQ OTC Securities and Nigerian Stock Exchange (NSE) have listed the North South Power Company Limited (NSP-SPV PowerCorp Plc) N8.50 billion 15.60 per cent

Siemens Oil/Gas business restructuring to affect 10,000 jobs

Siemens Oil/Gas business restructuring to affect 10,000 jobs

German industrial equipment maker, Siemens has announced plans to cut some 10,000 jobs in a major restructuring that will involve spinning off its oil, gas

Sleaze contributed to stunted growth of maritime academy

Sleaze contributed to stunted growth of maritime academy

The Minister of Transportation, Rotimi Amaechi, has lamented that wastage of fund under past administrations of the Maritime Academy of Nigeria (MAN), Oron has contributed