Ecobank Transnational Incorporated (ETI) has announced the successful pricing of its $400 million 10.125% notes due on 15 October 2029. Interest on these notes will be payable semi-annually in arrears on 15 April and 15 October each year, commencing on 15 April 2025.
The net proceeds from the issuance of the notes will be used for general corporate purposes, including the refinancing of the $350 million Senior Bridge-to-Bond Loan Facility entered into in March 2024.
The Audited Financial Statements of MTN Nigeria Communication Plc for the year ended 31 December 2024 shall revealed the Company incurred loss after tax of N400 billion for the 12 months period. The telecom giant reported revenue of N3.358 trillion for the 12 months period, up by 36.03 % from the revenue f N2.469 trillion reported the […]
Lafarge Africa Plc (WAPCO) has declared a final dividend of N1.20 to its shareholders for the year ended 31 December 2024. The Cement Manufacturer reported revenue of N696.758 billion for the 12 months period, up by 71.38% from N405.503 billion reported the previous year. Profit after tax grew year on year by 95.82% N100.145 billion in FY[…]
