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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1395

    Recapitalisation: UBA Shareholders Approve Bank’s Capital Raise Plan

    News May 26, 2024

    The United Bank for Africa (UBA) Plc shareholders have unanimously approved the bank’s capital raise drive to meet the new Central Bank of Nigeria’s (CBN)

    Market Cap Tumbles over Price Depreciation in 53 Stocks

    News May 26, 2024

    As Nigerian Exchange (NGX) continues to bleed, equities investors lost more than N290 billion as a result of negative sentiment. The local bourse has seen rapid

    Shippers’ Council Prioritises FG Directives on Non-oil Sector Diversification

    News May 25, 2024

    Mr Pius Akutah, the Chief Executive Officer (CEO) of the Nigerian Shippers’ Council (NSC) has reaffirmed the Federal Government’s commitment to prioritising

    Technical Team Validates Nigeria’s bid to Host $5bn AEB Headquarters

    News May 25, 2024

    A Joint Technical Inspection Team has validated Nigeria’s readiness to host the headquarters of the five billion dollars African Energy Bank (AEB) in the

    NGX Delists Arbico Plc after 46 years, Investors Lose N290bn

    News May 25, 2024

    The Nigerian Exchange Ltd. (NGX) says it has delisted the entire issued share capital of Arbico Plc from its daily official list after 46 years of listing.

    FCMB to Raise Additional N150bn in Q3 2024

    News May 25, 2024

    FCMB Group Plc says it has sought shareholders’ approval to raise additional capital of N150 billion by the third quarter of the year, following regulatory

    Man United Beats City 2-1 to Win FA Cup

    News May 25, 2024

    Manchester United (Man U) defied the odds to beat Manchester City 2-1 in the FA Cup final on Saturday. United, who finished in eighth place in the Premier

    NAHCO Plans to Diversify, Targets N100bn in 5 years

    News May 25, 2024

    The Nigerian Aviation Handling Company Plc (NAHCO aviance) says it aims to reach N100 billion in revenue over the next five years while focusing on diversifying

    FBN Holdings Shrinks on Shareholders Negative Reaction to Dividend Cut

    Analysis May 25, 2024

    FBN Holdings Plc’s (Ticker: FBNH) market value shrank by about 11% as some shareholders reacted negatively to its board of directors decision to slash final dividend by 20%.

    CSCS Shareholders Approve N7.5bn Total Dividend for 2023

    MarketNews May 25, 2024

    Shareholders of the Central Securities Clearing System (CSCS) on Friday approved total dividend of N7.5 billion for the financial year ending December 31, 2023, as against N6.85 billion paid out in 2022.

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    Editors Picks

    NGX Index Rebounds on Small-Cap Stocks Revival, Gains N208bn

    October 9, 2026

    Lagos Opens N200bn Bond for Subscription at 16.75%

    October 9, 2026

    Africa Digital Assets Pre-Launches Kenya, Namibia Tokens to Democratize Finance

    October 9, 2026

    XRP Breaches Safety Net as Ripple Deepens Wall Street Footprint

    October 9, 2026

    Fuel Discount Promo, not Restoration of Subsidy – NNPC Ltd. 

    October 9, 2026

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