Nigeria

Man in protective gear dismantling electronic equipment, illustrate story on the 2 share offers by The Initiates PLC on Nigerian Exchange
Capital raising

UPDATE: Nigerian waste management company hybrid offer extended to 12 January

UPDATE 15 Dec: The Initiates Plc share offer has been extended from 12 December to 12 January, according to this announcement on the company’s website ...

A banner advertisement for a share offer to raise capital for a Nigerian agricultural enterprise, capital raising in Africa.
Capital raising

Nigerian agri-business $162m share offer – EXTENDED

(NOTE: This post is for news information only and does not constitute investment advice in any form) UPDATE: Ellah Lakes has extended its share offer ...

Individual business leader in suit Haruna Jalo-Waziri, Managing Director and Chief Executive Officer of CSCS Nigeria T+2 settlelement, technology
Exchange news

Upgrading core tech driving Nigeria’s post-trade

TECH TUESDAY – Nigeria’s Central Securities Clearing System Plc (CSCS) has been upgrading its core technology system ahead of this week’s upgrade of the market ...

signs on the front of the NGX stock exchange building. T+2 settlement date
Exchange news

T+2 to transform Nigerian securities trading 28 November

The Nigerian capital market will be transformed this Friday, 28 November, as it moves to the settlement on the second business day after trading, T+2. ...

banner with African tech titans and words, highlight the venture capital investment into Venture Partners Pan-African Fund II
Capital raising

Nigeria puts spotlight onto dynamic tech firms

The news spotlight is firmly back onto Africa’s high-flying technology scene this week, with the news that a venture fund backed by the Nigerian Government ...

View if Lagos harbour across the lagoon, 3 Nigerian banks raising capital on Nigerian Exchange
Climate

Absa AFMI index shows reform helps in hard times

Two out of three African countries have not improved or slipped backwards in their ratings among the 29 countries scored in the 2025 edition of ...

Executives and leaders of Nigeria's Guaranty Trust Holding Co celebrate the June 2021 listing on the Nigerian Exchange (NGX)
Capital raising

Nigeria’s GTCO to list on London SE from 9 July

(NOTE: This news report is not legal advice or an official announcement. You are advised to check the official documentation. AfricanCapitalMarketsNews takes no responsibility for ...

Aisha Abdulaziz, CEO of Legend Internet celebrates listing shares on NGX exchange
Exchange news

Legend Internet shareprice soared after since Nigerian Exchange listing

The share price of the latest company to list on Nigerian Exchange (NGX) soared by up to 77% in the first two weeks following its ...

Range of mountains in beautiful sunlight for launch of Absa African Financial Markets Index (AFMI) report.
Climate

Clear progress for Africa’s financial markets

Jeff Gable, Chief Economist, and Anthony Kirui, Head of Global Markets Ex.SA, at Absa CIB explain why recent strong progress in Africa’s financial market development ...

Leaders of business line up for listing ceremony of housing group Haldane McCall on the Nigerian Exchange Limited.
Capital raising

Nigeria’s new listing tops trading volumes as shares soar

Housing and hospitality group Haldane McCall plc sees its listing on the Main Board of the Nigerian Exchange Limited as the route to raise future ...

View if Lagos harbour across the lagoon, 3 Nigerian banks raising capital on Nigerian Exchange
Capital raising

3 Nigerian banks raise $0.5bn capital through share issues

Nigeria’s top banks are raising over $550m on the Nigerian Exchange (NGX) in order to expand at home and abroad. They also plan to transform ...

Nairobi City scenery, home of some of Africa's private equity fund exits
Exchange news

Bond trading rivals for Nairobi Securities Exchange

The Central Bank of Kenya‘s DhowCSD, a digital government bond trading platform, has reached a milestone of 80,000 investors, according to a report in Business ...

Nigeria detains Binance executives in cryptocurrency crackdown
Nigeria

Nigeria detains global executives in war on crypto

Nigeria has declared war on leading global cryptocurrency exchanges. On 26 February it detained two top international executives of Binance after they flew in for ...

Listing of Transcorp Power on NGX Nigerian Stock Exchange
Capital raising

$1.2bn power listing lights up Nigerian exchange

A power generator energized the Nigerian exchange with a NGN 1.8 trillion ($1.16 billion) boost to market capitalization, after listing 7.5 bn shares yesterday (4 ...

Live share trading order routing in Africa with live trading screen
Cote d’Ivoire

African exchanges link AELP demonstrates share trades

The cross-border trading platform linking seven of Africa’s leading securities exchanges was launched yesterday 7 December in Abidjan. The link gives access to over 1,000 ...

Cote d’Ivoire

African Exchanges Link platform goes live today

A cross-border order-routing platform linking seven leading African securities exchanges has gone live today, 18 November. The African Exchanges Linkage Project (AELP) technology allows 33 ...

NG Clearing launches central counterparty securities clearing
Exchange news

Nigeria central counterparty clearing for securities door to safer future

Nigeria has launched the first central counterparty (CCP) clearing system for securities trades in West Africa. This paves the way for exchange-traded derivatives. NG Clearing ...

Capital raising

MTN’s $280m share offer to NGX investors

Telecoms firm MTN Group, based in South Africa has announced it will proceed with a public offer of up to 575 million shares in MTN ...

signs on the front of the NGX stock exchange building. T+2 settlement date
Exchange news

NGX stock exchange soars after listing – on itself

Nigerian Exchange Group Plc has had an excellent start to trading its shares on its own securities exchange after listing by introduction on 15 October ...

Capital raising

Mobile phone towers valued at $7bn in New York

IHS Holding Ltd (ticker IHS:US), holding company of the biggest independent operator of mobile phone towers in Africa, scored a $7 billion valuation in its ...