FCMB Group Plc notified the Nigerian Exchange and the investing public that it has successfully completed the issuance of a N20,686,000,000 Perpetual 16% Fixed Rate Resettable NC5.25 Additional Tier I Capital Subordinated Bonds (AT1) under its N300,000,000,000 Debt Issuance Programme The Group’s AT1 Issuance is the first non-sharia local currency AT1 instrument issued in Nigeria and the […]
The stock market on Thursday closed on a bearish note, occasioned by profit taking in 25 stocks. The All Share Index declined by 1.04% to close at 54,915.61 points from the previous close of 55,490.20 points. The Market Capitalisation closed at N29.916 trillion, down by 1.04% from the previous close of N30.229 trillion, thereby shedding N313 billion.[…]
The Federal Government of Nigeria has launched a $600m programme for young Nigerians in the technology and creative sectors. The programme is targeted at young Nigerians from ages 15-35 who are entrepreneurs and involved in the early stages of creative, innovative and technology-enabled ventures. The Vice President Yemi Osinbajo at the event stated that Nigeria’s technology ecosystem[…]