MTN Nigeria has notified the Nigerian Exchange and the investing public of its proposed issuance of up to N23 billion Series 3 commercial paper note under its N150 billion Commercial Paper Issuance Programme. The issuance is part of Company’s strategy to diversify its financing options, with the funds deployed towards working capital and general corporate purposes. Source: […]
Sterling Bank Plc has launched Gazelle, a versatile digital loan application system that provides corporate customers with a more innovative way to finance their business. The Managing Director and Chief Executive Officer of the Bank, Mr Abubakar Suleiman, said, “With Gazelle, corporate customers will experience a smarter way to access finance and achieve sustainable growth for their[…]
It was yet another bearish session onthe floor of the Nigerian stock market as the All Share Index declined by 0.69% to close at 49,644.92 points against the previous close of 49,991.41 points on Monday. The market capitalisation closed at N26.778 trillion, down by 0.69% from N26.964 trillion recorded in the last session, thereby shedding N186 billion.[…]