Market insights - Alpha10 Group

13 May

UNDERSTANDING NIGERIA’S NEW 0.5% CYBERSECURITY LEVY: IMPLEMENTATION AND IMPLICATION

May 31, 2024
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On May 6, 2024, the Central Bank of Nigeria (CBN) released a circular requiring Banks and Other Financial Institutions to initiate deductions for a cybersecurity levy. This is coming after the National...

29 Jan

Market insights

A new horizon for pension as ARM Pensions and Access Holdings agree to a merger

January 29, 2024
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In a groundbreaking move set to redefine the landscape of the pension industry, Access Holdings has successfully acquired a controlling stake in ARM Pensions, creating a formidable alliance that promises substantial benefits...

29 Jan

Market insights

NNPC borrows $1.036 billion to acquire 20% stake in Dangote Refinery

January 29, 2024
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The Nigerian National Petroleum Company (NNPC) Ltd has acquired a 20% stake in Dangote refinery for $2.76 billion through a $1.036 funding from Lekki Refinery Funding Limited of which $1 billion was...

23 Jan

Market insights

FMDQ Exchange Admits Chapel Hill Denham Series 9 Nigeria Infrastructure Debt Fund on its Platform

January 29, 2024
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FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange”), a wholly owned subsidiary of FMDQ Group PLC (“FMDQ Group”), is Nigeria’s premier securities exchange, committed to providing a world-class platform for the...