Author Archives: Ruth Omoteso

UAC of Nigeria Plc haas announced the successful completion of its ₦18.7 billion Series 1 and 2 Commercial Paper issuance (CP Issuance), the debut issuance under its recently established ₦45 billion Commercial Paper Programme. UAC’s CP Issuance was very well received and attracted significant demand from a wide range of investors including pension fund administrators, asset managers, […]

The equity market on Wednesday closed the first trading day of the month bearish as the All Share Index dipped by 0.03% to settle at 52,974.15 points from the previous close of 52,990.28 points. The Market Capitalisation declined by 0.03% to close at N28.559 trillion from the previous close of N28.568 trillion, thereby shedding N9 billion. An[…]

Zenith Bank has announced the redemption of the balance of $107.4 million of its $500 million Eurobond notes due May 30, 2022. This is a further demonstration of the Bank’s highly diversified and robust funding sources, and its impeccable pedigree and track records in treasury management. The Eurobond notes were issued on May 30, 2017, as the[…]