NGX to Launch USSD Integrated Payment System The Nigerian Exchange Limited has announced plans to launch an unstructured supplementary service data to unlock Africa’s capital markets payment system through partnerships with banks and telecommunication companies. The Chief Executive Officer, NGX, Temi popoola, while speaking during the...

Stock Exchange Records N3.4trn Listings In Q1, 2021   The Nigerian Exchange (NGX) listed new securities worth about N3.4 trillion in the first quarter. The new listings included a $4 billion Eurobond issued by the Federal Government. Listing report provided by the NGX indicated that the issuances listed...

In Just Two Days, NGX Group Rallies 20% Gain   Newly listed Nigerian Exchange Group (NGX Group) Plc has remained the toast of the stock market, rising by almost the maximum 10 per cent daily allowable price change for the first two trading sessions. NGX Group’s share...

Oscar Onyema Resigns From NGX Board   The Group Chief Executive Officer of the Nigerian Exchange Group Plc, Mr Oscar Onyema, has resigned as a non-executive director on the board of the Nigerian Exchange Limited. The NGX Exchange made this known in a statement on Thursday after...

Nigeria’s Green Bonds Market Hits $136m As NGX Lists Potential       The value of Nigeria’s green bonds market has hit $136 million within three years with four issuances recorded since the debut issuance by the Federal Government. In 2017, the NGX collaborated with the Ministry of Finance...

FG Plans More Sukuk Bonds To Fund Projects       The Federal Government plans to upscale its alternative financing programme by issuing more Sukuk bonds to fund projects, building on the back of huge successes recorded on previous issuances. It had raised N362.6 billion in three previous issuances...