07
DecThe Debt Management Office (DMO) has notified the public of the successful conclusion of the Issuance of N100 Billion Sovereign Al ’Ijarah Sukuk. The Offer for N100 Billion opened on November 21, 2022 and was supported by wide public sensitization to encourage subscription from diverse investors, particularly the retail investors. The initial Offer size of N100 billion was upsized to N130 […]
07
DecThe Central Bank of Nigeria (CBN) has instructed Deposit Money Banks and other financial institutions to ensure that weekly over-the-counter (OTC) cash withdrawals by individuals and corporate entities do not exceed N100,000 and N500,000, respectively. This regulatory directives is to take effect nationwide from January 9, 2023. The CBN further fixed daily maximum withdrawals via point of[…]
07
DecThe Nigerian stock market on Tuesday extends its bullish trend to three straight sessions as the All Share Index grew by 0.20% to close at 48,366.69 points from the previous close of 48,270.23 points. The Market Capitalisation grew by 0.20% to close at N26.344 trillion from the previous close of N26.291 trillion, thereby adding N53 billion. An[…]
