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Nigerian delegation visits Spain for airspace security discussions

Nigerian delegation visits Spain for airspace security discussions

A high-powered Nigerian delegation is currently in Spain for critical discussions on advancing the nation’s airspace capabilities. The delegation is led by the Minister of Defence, H.E Mohammed Badaru Abubakar, and the Minister of Aviation and Aerospace Development, Festus Keyamo. The Ministry of Defence disclosed this in a press statement on Saturday, signed by Director of Information and Public Relations,…
Tinubu’s new measures will drive down food prices, group assures Nigerians

Tinubu’s new measures will drive down food prices, group assures Nigerians

The Tinubu Media Volunteers (TMV) has described the new measures taken by President Bola Ahmed Tinubu to drive down inflation of food prices as radical and proactive adding that they will soon bear fruits. In a statement signed by its Chairman Chukwudi Enekwechi and Secretary Sunday Shedrach Gyungoun, the group argued that the new measures will stem the tide of…
Access Bank targets top 20 position in UK, $1bn profit by 2027

Access Bank targets top 20 position in UK, $1bn profit by 2027

Access Bank Plc has shared insights about ambitious plans to position its UK subsidiary, Access Bank UK, among the top 20 banks in the United Kingdom, targeting an annual profit of $1 billion by 2027. This was disclosed by the Managing Director/Chief Executive Officer of Access Bank, Roosevelt Ogbonna during the “Facts Behind the Rights Issue” presentation held at the…
CBN sells $122.67m to authorised dealers

CBN sells $122.67m to authorised dealers

 The Central Bank of Nigeria (CBN) has sold about $122.67million to 46 authorised dealers, in its determination to promote stability and reduce market volatility in the foreign exchange market. A statement signed by the Bank’s Director in charge of Financial Markets, Dr. Omolara Duke, disclosed that of the total sale, $67,500million was sold to 27 dealers, while the sum of…
NGX Group’s revolutionary e-offering platform goes Live following SEC approval

NGX Group’s revolutionary e-offering platform goes Live following SEC approval

…Access, FCMB, Fidelity now utilizing NGX invest APIs Nigerian Exchange Group (NGX Group) has unveiled NGX Invest, a groundbreaking digital platform designed to streamline Public Offerings and Rights Issues in the Nigerian capital market. The platform, which has received approval from the Securities and Exchange Commission (SEC), is now live, promising an efficient, convenient, and seamless experience for managing primary…
Telecom stakeholders express concern for Nigeria’s fibre optic expansion plan

Telecom stakeholders express concern for Nigeria’s fibre optic expansion plan

Stakeholders in the telecommunications industry have expressed concerns over the Federal Government’s ambitious plan to deploy 90,000 kilometers of fibre optic cables across Nigeria. During the Sixth Edition of the Policy Implementation Assisted Forum (PIAFO) in Lagos on Wednesday, the industry experts highlighted the pressing issues of Right of Way (RoW) charges, multiple taxation, and levies, which fall under the…
Agama harps on investor’s education to drive capital market development

Agama harps on investor’s education to drive capital market development

The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, on Thursday expressed that continuous investor’s  education are part of the most important component of financial literacy in a bid to further developed the Nigeria’s capital market. He stated this during a meeting with the management of the Investments and Securities Tribunal (IST)  in Abuja. According to…
NGX launches impact board for sustainable instruments

NGX launches impact board for sustainable instruments

Nigerian Exchange Limited (NGX) has unveiled its Impact Board, a dedicated platform for listing sustainability instruments, following approval from the Securities and Exchange Commission (SEC). This initiative was announced during a Closing Gong Ceremony in Lagos on Wednesday, honoring Mr. Balarabe Abbas Lawal, Minister of Environment, and commemorating the 8th Green Bond Advisory Group Meeting. The ceremony, which saw Lawal,…
Access Holdings’ shareholders pledge overwhelming support for N351bn rights issue

Access Holdings’ shareholders pledge overwhelming support for N351bn rights issue

Shareholders of Access Holdings Plc have expressed overwhelming confidence in the company’s growth strategy and pledged their support for the ongoing N351 billion rights issue. This, they did, at the recent “Facts Behind the Rights Issue” presentation held at the Nigerian Exchange (NGX) office in Lagos. The shareholders praised Access Holdings for its impressive track record and consistent dividend payments,…
NCAA vows to sanction airlines over false flight schedule

NCAA vows to sanction airlines over false flight schedule

The Nigeria Civil Aviation Authority (NCAA) promised to penalise airlines engaged in deceitful departure schedules. The acting director-general, NCAA, Mr.  Chris Najomo, in a statement warned the airlines to desist from the infraction or face dire regulatory actions. According to the statement by public affairs and consumer protection, NCAA, Mr. Michael Achimugu, stated that the authority now runs a zero-tolerance…
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