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NovThe 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 on Monday. Market capitalisation closed at N24.472 […]
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NovThe 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 “remain legal tenders.” The CBN has directed commercial banks[…]
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NovThe 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 1,000 thereafter. Date of an offer is[…]
