03
NovMTN Nigeria Communications Plc has notified the Nigerian Exchange and the investing public of its proposed issuance of up to N52,895,846,000 Series 8 and 9 Commercial Paper notes under its N250 Commercial Paper Issuance Programme. The issuance is part of the Company’s strategy to diversify its financing options with the funds being deployed towards short term working […]
03
NovThe Central Bank of Nigeria has debunked the news of naira scarcity circulating in the media. In a statement by the apex bank on its official website, CBN stated thus: The attention of the Central Bank of Nigeria (CBN) has been drawn to reports of alleged scarcity of cash at banks, automated teller machines (ATMs), Points of[…]
03
NovThe Nigerian stock market on Wednesday admitted the Bear, halting four straight days of gains as the All Share Index dropped by 0.76% to close at 70,042.28 points from the previous close of 70,581.76 points. The Market Capitalisation declined by 0.77% to close at N38.481 trillion from the previous close of N38.778 trillion, thereby shedding N297 billion.[…]
