MTN Nigeria Communications Plc has notified the Nigerian Exchange and the investing public of its proposed issuance of up to N100 billion Series 6 and 7 Commercial Paper notes under its 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 […]
The Federal Government has approved N5bn as palliatives for each state and the Federal Capital Territory (FCT) to enable them to procure food items for distribution to the poor in their respective states. Governor Babagana Zulum of Borno State disclosed this at the Presidential Villa, Abuja, shortly after the National Economic Council (NEC) meeting. This development development[…]
It was yet another bearish session on the floor of the Nigerian stock market on Wednesday as downtrend extended on profit taking by investors. The All Share Index dropped by 0.47% to close at 64,625.28 points from the previous close of 64,928.98 points. The Market Capitalisation grew by 0.04% to close at N35.370 trillion from the previous[…]