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NovStock market stays 0.60% afloat, buoyed by gains in MTN, BUA Foods
The Nigerian Bourse stayed afloat on price appreciation in MTN Nigeria, BUA Foods and other 25 stocks in green table on Tuesday, making it three straight gains in the last three sessions as the All Share Index grew 0.60%, closing at 44,929.33 points from the previous close of 44,662.96 points […]
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NovCurrency Redesign: CBN launches countdown clock
The Central Bank of Nigeria (CBN) has launched a countdown clock showing when the old naira would stop being a legal tender. The countdown clock is visible on the home page of the CBN’s website and it shows January 31, 2023, as the deadline for the N200, N500, and N1,000 notes to[…]
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NovDMO 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[…]
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NovDangote 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[…]
