MTN Nigeria has notified the Nigerian Exchange and the investing public of its proposed issuance of up to N23 billion Series 3 commercial paper note under its N150 billion Commercial Paper Issuance Programme.
The issuance is part of Company’s strategy to diversify its financing options, with the funds deployed towards working capital and general corporate purposes.
Source: MTN Nigeria to raise N23bn via Commercial Paper – StocksWatch (stocksng.com)
Wole Olajide, ACS Performance of banking stocks on the Nigerian Exchange in Q3 2025 is mixed. Most of the Tier 1 Banks (FUGAZ) declined in their bottom-line figures, year on year. Except for UBA that made a marginal growth of 2.33% in profit after tax (PAT), others in the Tier 1 category (First Holdco, GTCO, Access and […]
The Nigerian equities market closed bearish last week, halting weeks of successive gains triggered by selloff in Dangote Cement and 69 other stocks that closed the week lower amidst quarter three earnings release. The All-share index was down by 0.98% to close at 154,126.45 points from 155,645.05 points recorded in the previous week. Investors lost N964 billion[…]
