23

Nov

DMO announces N100bn FGN Sukuk bonds at 15.64% per anum

The Debt Management Office (DMO), on behalf of the Federal Government, announced the offering of N100 billion FGN Sukuk bonds for subscriptions. The bonds are offered at 15.64% per annum and will be due in 2032. It is offered at N1,000 per unit subject to a minimum subscription of 10,000 units and in multiples of 1,000 thereafter. Date of an offer is […]

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21

Nov

Dangote Cement proposes share buyback of 10% of issued shares

Dangote Cement has notified the investing public of its proposed share buyback of 10% of its issued shares. The special resolution is to be considered at the Extra-ordinary General Meeting (EGM) that is scheduled to hold on the 13th December 2022. In a statement available on the website of the Nigerian Exchange, a Special Resolution that would be[…]

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21

Nov

Stock Market Review: November 21, 2022

The Nigerian stock market closed on a positive note last week with 1.19% growth, week on week. Year to date the market has returned 4.16% with the All Share Index and Market capitalization at 44,492.73 points and N24.234 trillion respectively. In a stock market review with Mr Gilbert Ayoola, the seasoned capital market expert gave in-depth insight on[…]

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