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Daily Business News Brief – November 17th, 2023

17
Nov

Equity market extends bullish run with N6bn gain – Punch
The Nigerian Exchange Limited on Thursday continued its positive trading pattern, as the benchmark measurement of the exchange, the All-Share Index, inched up slightly to settle at 71,025.16.
Similarly, the market capitalisation grew marginally by 0.02 per cent or N6bn to close at N39.059tn from N39.053tn recorded on Wednesday……………….. .. . .,.. ………… …….. ………………… … .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More

CSCS seeks FinTech innovation for inclusive capital market -Vanguard
The Central Securities Clearing System (CSCS) Plc has canvassed for FinTech innovation to drive inclusivity within the capital market.
eaking at  the Institute of Capital Market Registrars (ICMR) annual conference, themed “Navigating Nigeria’s Economic Realities: The Transformative Power of Technology in the Capital Market…………….. . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More

Investment & Securities Bill transmitted to National Assembly — SEC – Vanguard
The Securities and Exchange Commission, SEC, has disclosed that the Investments and Securities Bill (2023) is now with the National Assembly, N/A and it has appealed for speedy passage to enable it reposition the capital market in order to tackle the economic challenges facing the country… …… …………..,…………….. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More

Ecobank, AGF Sign Transformative $200m Risk Sharing Agreement – Thisday
Ecobank and the African Guarantee Fund (AGF), yesterday joined forces in a groundbreaking $200 million risk-sharing agreement, aimed at catalyzing economic growth and supporting entrepreneurial ventures – including women-owned (SMEs) on the continent…………….. …. …………..,…………….. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More

NGX RegCo launches ‘EquipHER’ to drive financial inclusion – Punch
The NGX Regulation Limited has announced the launch of its initiative, ‘EquipHER,’ dedicated to empowering women and driving inclusive growth within Nigeria’s Equity Market.
This was revealed in a statement by the Nigerian Exchange Group………………….. …………..,…………….. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More

Caverton expands, acquires first Bell 429 for its Cameroon operations – Guarian
Caverton Helicopters, an aviation firm engaged in contract charters, shuttles and maintenance of fixed and rotary wings aircraft has acquired a new helicopter for offshore operations in Cameroon.
The helicopter, Bell 429 is the first of its kind to operate in West Africa in the oil and gas market…………………….. …………..,…………….. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
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