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MarIt was a bearish session on the floor of the Nigerian equity market on Wednesday as the All Share Index dropped by 0.26% to close at 47,360.79 points against the previous close of 47,482.22 points on Tuesday. The market capitalisation closed at N25.525 trillion, shedding N66 billion from the previous close of N25.591 trillion recorded in the […]
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MarNigerian Exchange Limited (NGX) has announced the listing of the Federal Government of Nigeria (FGN) $4,000,000,000 FGN Eurobonds on its platform today, Monday, 31 January 2022. The Eurobonds were issued in three tranches as follows: 6.125% FGN SEP 2028 worth $1,250,000,000.00; 7.375% FGN SEP 2033 worth $1,500,000.00; and 8.25% FGN SEP 2051 worth $1,250,000,000.00. NGX continues to[…]
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MarNigerian Exchange Group on Tuesday published its Audited Financial Statement for the year ended 31 December 2021. The result shows year on year growth in the Group’s top line and bottom line figures. The Group reported a turnover of N6.799 billion, up by 12.95% from N6.019 billion. Profit after tax of N2.248 billion was achieved for the[…]
