18 results for “capital”
The National Insurance Commission has begun final verification of insurers' compliance with higher capital requirements, with consolidation expected to follow.
The Securities and Exchange Commission has warned that a lack of credible companies willing to list is limiting the depth of Nigeria's capital market.
Turnover on the Nigerian Exchange rose to N158.29 billion in the first full trading week of October as investors repositioned ahead of third-quarter earnings.
Dangote Petroleum Refinery has pushed the close of its $1.6 billion IPO to October 27, giving investors more time to subscribe to Africa's biggest listing.
Nigeria's foreign direct investment fell 92% month-on-month to $11 million in September, highlighting the gap between hot portfolio money and long-term capital commitments.
The US banking giant plans to establish a merchant bank in Nigeria before the end of 2026 and has added the country to a new emerging-market bond index, in twin votes of confidence for the capital market.
Nine companies disclosed funding in September, down from $364.1 million across 20 startups in the previous month.
The development lender says its 2026 interventions combine credit, guarantees and investment to draw commercial funding into agriculture, finance and job creation.
The All-Share Index fell 0.97% in the week ended 9 October, while trading value increased despite a drop in share volume.
The oversubscribed fifth fund lifts the co-investment platform's assets above $850 million and expands its exposure to emerging-market technology companies.
Higher retained earnings have lifted buffers, giving lenders room for loan growth.
A sustained run in financial-sector stocks lifted the value of the Nigerian Exchange to a record N164 trillion at the end of September, capping one of the strongest equity rallies in years.
The World Energy Council Nigeria says the country has 44 critical mineral types, but attracting serious private capital will depend on ...
Customer deposits expanded and the capital ratio remained strong, but the 2025 accounts showed that balance-sheet growth did not produce higher gross revenue.
Shareholders approved a final 70-kobo payment, taking the full-year distribution to N1 per share after an interim dividend.
Gross premium written rose 47.3 percent in 2025, while low retention in specialist risks showed why the industry's new capital rules matter.
The transaction lifted eligible capital above the N500 billion minimum for an international commercial-bank licence, subject to final approvals.
The two-year exercise lifted paid-up capital across the banking system, with the regulator saying every affected lender chose a route to compliance.