Femi Otedola close to mandatory takeover of First HoldCo, as WorldStage forecasts 51% controlling stake in 2027
WorldStage-- As Femi Otedola, Nigerian billionaire and Group Chairman of First HoldCo Plc, the parent of First Bank of Nigeria, ...
Tag: SEC
Geregu Power’ chairman Yari indicts former owners of disappointing legacy after personally offset defaulted ₦40b bond
WorldStage-- The Board Chairman of Geregu Power Plc (GPP), Senator Abdul-aziz Abubakar Yari has shed more light on why he is ...
Geregu Power: Chairman’s bailout of ₦40b bond default further sustains market skepticism as stock fails to appreciate
WorldStage– Market sentiment on the stock of Geregu Power Plc (GPP) remained indifferent on Thursday despite the power generator’s confirmation of the payment ...
Geregu Power confirms payment of 8th Coupon and Principal Repayment on ₦40.085b Series 1 Bond
WorldStage-- Geregu Power Plc (GPP) has confirmed the payment of its 8th coupon and part principal repayment under its ₦40.085 ...
Concerns over First HoldCo as Otedola’s recurring corporate ventures’ patterns receive spotlight following Geregu Power’s N40b bond default
WorldStage-- The recent credit default of Geregu Power Plc on its N40.09 billion Series 1 Bond after missing its 8th ...
Guinea Insurance completes ₦12.6b hybrid offer to meet recapitalization
WorldStage-- Guinea Insurance Plc has announced the successful conclusion of its hybrid offer, comprising a Rights Issue and a Private ...
SEC boss urges policy consistency as S&P places Nigeria on 2027 Watchlist
By Abiodun Folarin WorldStage-- The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized the need ...
SEC Nigeria, Rwanda capital market authority sign MoU to deepen African market collaboration
By Abiodun Folarin WorldStage-- The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has called for stronger ...
SEC confirms that Nigeria’s Assets Under Management hit N10trn
WorldStage-- Nigeria’s Assets Under Management (AUM) increased from N3.2 trillion to N10 trillion within the last two years, the Securities ...
Nigeria’s capital market scores first, leads Africa with transition to T+1 settlement cycle
By Bamidele Famoofo WorldStage-- The Nigerian capital market on Monday achieved a historic milestone with the successful transition to a ...
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