January 5, 2026/Cordros Report EQUITIES The local bourse opened the week on a bullish note, as buying interest in ARADEL (+7.2%), BUACEMENT (+2.5%), GTCO (+5.1%), and UBA (+6.6%) drove the All-Share Index up by 1.7% to 159,215.48 points. Sequentially, the Month-to-Date and Year-to-Date returns settled at +2.3%. The total volume […]
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FirstHoldCo Announces FirstBank has Met N500 Billion Regulatory Capital Requirement
—–Shareholders commit to future injection of more capital to the Groups’ other subsidiaries January 5, 2025/FirstBank of Nigeria First HoldCo Plc (“FirstHoldCo” or “the Group”) has announced that its commercial banking subsidiary, First Bank of Nigeria (FirstBank), has successfully met the Central Bank of Nigeria’s (CBN) minimum capital requirement […]
2026: SEC to Prioritise Mobilisation of Long Term Funds, Others -DG
January 2, 2026/SEC Nigeria The Securities and Exchange Commission has said that it is prioritizing the mobilization of long-term capital to bridge Nigeria’s infrastructure and sectoral gaps while also streamlining regulatory frameworks and aggressively facilitating the issuance of innovative financial instruments that channel disciplined capital into productive sectors. This was […]
