DLM Securities, a prominent market maker on the Nigerian Exchange Limited, launched its innovative e-trade platform for stock trading on Wednesday, February 26, 2025. The platform, designed to offer both retail and institutional investors a seamless, efficient, and user-friendly experience, aims to revolutionize stock trading in the Nigerian capital market. The e-trade platform is equipped … Read more
Zenith Bank Plc has successfully raised N350.4 billion in its hybrid rights issue and public offer, further solidifying its position as a key player in Nigeria’s financial sector. The hybrid offer, which combined a rights issue and a public offer, has been fully subscribed and received approval from the Central Bank of Nigeria (CBN) and … Read more
The Chartered Institute of Stockbrokers (CIS) has appointed Ayo Adeonipekun as its new Registrar and Chief Executive. Adeonipekun brings over 25 years of experience in leadership, finance, and performance management. He succeeds Dr. Josiah Akerewusi, who retired after serving for a decade. Before this appointment, Adeonipekun was the pioneer Managing Director/CEO of Reliance Capital Limited, … Read more
The Chartered Institute of Stockbrokers (CIS) has revealed that Nigerian banks raised approximately N2 trillion from the primary market in 2024. According to the Institute’s President, Oluropo Dada, this achievement was highlighted during a recent event at the Nigerian Exchange Limited (NGX). The fundraising reflects the banking sector’s strategic involvement in capital markets to boost … Read more
In 2024, the Nigerian capital market stood as a testament to remarkable resilience and adaptability, defying macroeconomic challenges and policy shifts to carve out a year of transformation. Despite the hurdles of inflation, high production costs, and a volatile economic landscape, industry analysts were quick to point to the market’s robust performance and its future … Read more