A French firm, SEMMARIS-Rungis International Market, has indicated interest to support the establishment of an international wholesale agribusiness market

Fidelity Bank Plc says it has concluded plans to raise N127.1 billion by way of rights issue priced at N9.75 to existing shareholders and a public offer at N9.75, which is a combined subscription

The MTN Foundation announced on Wednesday the opening of its 2024 Scholarship Program, dedicated to aiding Nigerian students in their academic pursuits. The Executive Director, MTN Foundation, Ms Odunayo Sanya, said in a statement that the scholarship offered support through three specialised scholarships; the first two categories being students in Science, Technology and Mathematics (STEM) and blind students.

No fewer than 81,000 residents of Ondo State are to benefit from the Federal Government’s Cash Transfer programme. Mrs Tosin Olupona, Manager, Ondo Cash Transfer, Office of Public and Intergovernmental Relations, made this known on Wednesday in Akure during a training programme for local government cash facilitators.

The naira exchange rate skidded in the forex market following Fitch Ratings bearish estimate that the local currency would close the year at N1450 in Dec. 2024.

Equities investors gain more than N132 billion as Nigerian Exchange (NGX) halted its two day downtrend due to gains in STANBIC (+9.6%), ZENITH (+2.8%), and FIDELITY (+8.0%) among others.

The Senate on Wednesday passed a bill seeking to prescribe improved salaries, allowances and fringe benefits of judicial office holders in Nigeria. This followed the adoption of a report of the Committee on Judiciary, Human Rights and Legal Matters at plenary.

Bitcoin price is back trading above $70,000 after weeks of sideways price action across the market. The world’s largest digital cryptocurrency asset and other cryptocurrencies were rising early Wednesday.

Stanbic IBTC has announced the launch of its scholarship programme for the 2023/2024 academic year. The initiative is designed to support and invest in the educational development of exceptional Nigerian youths.

The equities market is currently trading negative due to selloffs in key stocks like Oando, Fidelity Bank and Transcorp Plc among other decliners.