09

Mar

Airtel Africa Completes Senior Notes Repayment

Airtel Africa, has confirmed that it has completed the early repayment of its c.$505m 5.125% Guaranteed Senior Notes, originally due in March 2023, using cash balances available at Group level. Settlement includes all outstanding accrued interest up to the Redemption date of 7 March 2022. One-off costs of c.$17.6m for the applicable premium will be recorded within […]

09

Mar

Dangote Sugar appoints Oscar Mbeche as CFO

Dangote Sugar Refinery Plc has notified the Nigerian Exchange Limited and the investing public of the appointment of Mr. Oscar Mbeche, as Group Chief Financial Officer, of the Company, effective 1st March 2022. Mr. Mbeche is an astute Finance Executive, a qualified Accountant, Internal Auditor and Management Consultant. He holds an MBA from the prestigious University of[…]

09

Mar

Market closes lower by 0.23%, sheds N58bn

Transactions on the floor of the Nigerian Exchange on Tuesday closed lower as the All Share Index declined further by 0.23% to close at 47,154.35 points from the previous close of 47,262.61 points. The Market Capitalisation declined by 0.23% to close at N25.414 trillion from the previous close of N25.472 trillion, thereby shedding N58 billion. An aggregate[…]