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NIGERIAN EXCHANGE LIMITED

The share capital of Wema Bank Plc, one of Nigeria’s Tier 2 financial institutions, rose by a significant 66% with the listing of 14,143,244,747 additional ordinary shares on the Nigerian Exchange Limited (NGX) on Tuesday, September 30, 2025. 
First HoldCo Plc has formally condemned recent media reports concerning a high-value block trade of its shares, labeling the coverage by Arise TV and ThisDay Newspaper as a “deliberate misrepresentation of facts” and “grossly unprofessional.” 
Nigerian Exchange Limited (NGX), a wholly owned subsidiary of Nigerian Exchange Group, and the International Finance Corporation (IFC), a member of the World Bank Group, have co-hosted a technical capacity-building workshop to advance labelled bond issuance in Nigeria, supporting the real sector and accelerating the country’s sustainable finance objectives.
The Nigerian Exchange Limited has reported a significant 118.95% month-on-month increase in total transactions on its bourse, driven by a surge in foreign portfolio investments. 
This article features listings that added N5 Trillion to NGX market cap in 2024.
The Chief Executive Officer of the Nigerian Exchange Limited (NGX), Mr. Jude Chiemeka, has identified the tokenization of Nigerian assets as a smart way to attract Gen Zs and Millennials to the investment market.  
The Nigerian equities market saw a 1.97% rise in total domestic and foreign participation in equity trading, reaching ₦502.73 billion in October 2024, according to a report by the Nigerian Exchange Limited (NGX).  
DAAR Communications PLC, the parent company of African Independent Television (AIT), Raypower, and Faaji FM, has announced the retirement of several key members of its executive management team, including Mr. Tony Akiotu and Dr. Oluwatosin Dokpesi.  
The Board of International Breweries Plc (IBPlc) has announced the appointment of Mrs. Temitope Oguntokun to the Board as an Executive Director. 
The Board of NPF Microfinance Bank Plc has announced the appointment of four new directors for the company. 
The Nigerian Exchange Limited (NGX) finished the first week of 2024 on a positive note, buoyed by sustained investor confidence in listed companies. 
Fidelity Bank Plc has through its Stockbrokers, APT Securities & Funds Limited, submitted an application to Nigerian Exchange Limited for the approval and listing of a Rights Issue of 3.2 billion ordinary shares of 50 kobo each at N10 per share.