The Financial Services Regulation and Coordinating Committee (FSRCC), in collaboration with National Broadcasting Commission (NBC), wishes to draw the attention of the public to the worrisome increase in the activities of Illegal Financial Operators (IFOs) which portends grave risk to the public confidence and stability of the Nigerian Financial System. The FSRCC and NBC in their continuing […]
The Nigerian stock market last week closed lower by 0.93% as Airtel Africa, MTN Nigeria, SEPLAT and 53 other stocks shed weight. The All Share Index and Market capitalization dropped by 0.93% and 0.42% to settle at 64,721.09 and N35.422 trillion respectively. An aggregate of 1.689 billion units of shares were traded in 29,477 deals, valued at[…]
MTN Nigeria Communications Plc has notified the Nigerian Exchange and the investing public of its proposed issuance of up to N100 billion Series 6 and 7 Commercial Paper notes under its Commercial Paper Issuance Programme The Issuance is part of the Company’s strategy to diversify its financing options with the funds being deployed towards short term working[…]