Business

SEC Grants Approval-in-Principle For New Securities Exchange, Contisx 

Nigeria’s Securities and Exchange Commission ,SEC, has granted Approval-in-Principle ,AIP, for the establishment of Contisx Securities Exchange Plc, a new full-service securities exchange targeting a September 2026 launch.

Credit Direct, Vivo Partner To Finance Smartphone Access

Credit Direct, Nigeria’s foremost embedded finance company, and vivo, a Chinese technology company, have signed a Memorandum of Understanding ,MoU, formalising a strategic partnership to expand smartphone access across Nigeria.

Aviation Global Connectivity: Air Peace, Turkish Airlines Seal Bilateral Deal

To enhance connectivity between Nigeria, Africa and global destinations, Air Peace and Turkish Airlines have signed a bilateral special prorate agreement.

TCN Declares Force Majeure On Ikeja West–Osogbo 330kV Line Following Severe Storm

Transmission Company of Nigeria, TCN, has notified the public of a severe rainstorm that has wreaked havoc, force majeure, on its  Ikeja West – Osogbo 330kV transmission line following a severe rainstorm  thereby affecting its operations.

NGX Says Nigeria Financial System Needs Strong Safeguards For Digital Assets

Nigerian Exchange Group ,NGX Group, has called for strong regulatory safeguards as Nigeria moves toward integrating digital assets into its financial system, warning that innovation in the capital market must be carefully balanced with risk discipline and governance

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