Capital Market

Transcorp Power Lists on NGX at N1.8Trn Market Capitalization

March 4, 2024/NGX Nigerian Exchange Limited on Monday, 4 March 2024 admitted 75 billion shares of Transcorp Power Plc at N240 per share to its Main Board. The leading power generation company’s listing boosts the overall NGX market capitalization by N1.8 trillion, just as its shares rose by 10% on […]

Africa Prudential Makes History with First Female CEO, Catherine Nwosu

March 4, 2024/CAMCAN Lagos, Nigeria – January 29, 2024 – Africa Prudential Plc the pioneering registrar listed on the Nigerian Exchange Group (NGX Group), has announced a historic leadership transition. Effective March 1, 2024, Catherine Nwosu will become the company’s first female CEO, marking a significant milestone in its history. […]

SEC Says Public Companies to File Directors and External Auditors Reports on ICFR for FY 2023

February 29, 2024/SEC Nigeria Further to the Commission’s circular dated 8th November, 2021 on the compliance by Public  Companies with the requirements of Sections 60 to 63 of the Investments and Securities Act 2007 on Internal Control over Financial Reporting, the Commission hereby notifies the reporting entities that the Directors and External Auditors’ reports […]