The National Bureau of Statistics recently released its Gross Domestic Product Report (Income & Expenditure Approach) for Q1 and Q2 2022. In a statement available on the Commission’s website, NBS stated thus: In the first quarter of 2022, Nigeria’s real GDP at basic prices grew by 3.11% on a year-on-year basis showing a higher growth rate compared […]
TAJ Bank has obtained regulatory approval to list its N10 billion Sukuk on the Nigerian Exchange (NGX). TAJ Bank had under the first tranche of its N100 billion Sukuk issuance programme, launched a N10 billion capital raising through its special purpose vehicle- Taj Sukuk Issuance Programme SPV Plc. The company offered series 1 Mudarabah Sukuk at N1,000[…]
Omatek Ventures Plc at its recent Annual General Meeting have got approval to raise capital by allotting the unissued 4, 058, 210, 528 Ordinary Shares. According to the notice available on the website of the Nigerian Exchange, the Directors has been authorized to raise capital by allotting the unissued 4, 058, 210, 528 Ordinary Shares through such[…]