June 10, 2025/United Capital Report Today, the Nigerian Exchange (NGX) closed on a positive note following share price appreciation in BUAFOODS (+4.32%) and GTCO (+1.64%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.18% to close at 114,820.75 points. YTD returns settled at 11.56%, while market capitalization closed […]
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SEC Issues Update on Unclaimed Dividend
June 5, 2025/SEC Nigeria The attention of the Securities and Exchange Commission (the Commission) has been drawn to the fact that paying companies and their Registrars have continued to treat unclaimed dividends of public companies that are older than 12 years as being “statute-barred” without recourse to the provisions of […]
SEC Announces Equities Segment of the Nigeria Capital Market Transitions to T+2 November 28, 2025
June 5, 2025/SEC Nigeria Further to a comprehensive review of the current settlement cycle in the Nigerian capital market and extensive engagements with stakeholders, the Securities and Exchange Commission (“the Commission”) hereby informs all capital market stakeholders that the equities segment of the market would transition to a T+2 (i.e. […]
