Capital Market
10 major trends that defined Nigerian banking sector in 2024
In this year-end review article, Legit.ng highlights the top trends, innovations and changes in Nigeria's banking sector that shaped it in 2024...
Year-end review: Top 10 Naira stocks that made investors richer in 2024
These top naira stocks may not make much news, but they made a lot of money for investors in 2024. The number one stock grew as much as 1646% during the period.
Dangote, BUA, Lafarge cement companies earn N3.6 trillion from sales as sellers quote new prices
Nigeria's largest cement manufacturers, Dangote Cement, BUA Cement, and Lafarge Africa reported a combined sales profit of N3.6 trillion in Q3 2024.
SEC raises alarm over operation of Marino FX in capital market
SEC has cautioned the public and investors against doing business with Marino FX Ltd., a company that is impersonating an SEC-licensed cryptocurrency exchange.
Dangote Cement moves to borrow money from Nigerians, promises to repay with interest
Dangote Cement has begun offering N100 billion under its N300 billion bond issuance meant for refinancing. debt repayment and working capital in 2025.
Foreign investors pull out of Nigeria as naira crashes in official, parallel markets
Recent data on the Nigerian Exchange Limited (NGX) trading activities shows that foreign investment declined to N11.26bn in September 2024 due to the naira crash
Dangote Cement seeks to borrow money from Nigerians as new prices emerge
Dangote Cement has perfected plans to issue bonds via the capital market to raise funds for its operations after displaying spectacular financial results.
Famous Ponzi scheme stages return as SEC plans N20 million fine for operators
The Securities and Exchange Commission (SEC) has proposed an N20 million fine and 10 years jail term for Ponzi scheme operators as Chinmark seeks to return.
“You cannot use cash to buy real estate”: CBN reacts to proposed investment and securities bill
The SEC proposed investment and securities bill (ISB) 2024 may have several provisions that violate existing money laundering laws, according to the CBN.
Capital Market
Load more