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: MTN Nigeria to raise N23bn via Commercial Paper – StocksWatch (stocksng.com)
The stock market on Wednesday closed on a positive note with 0.58% growth. The All Share Index and Market Capitalisation stands at 52,927.60 points and 28.819 trillion respectively. In a stock market review with Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The monetary policy committee of CBN has increased MPR to 18.5%. How will this […]
Oando Clean Energy Limited (OCEL) has achieved a groundbreaking milestone with the launch of the first phase of its Sustainable Transport Initiative for Lagos State. The initiative will see OCEL introducing electric buses to LAMATA’s current fleet of buses. The endeavor aims to support the transformation of the State’s public transport system through the development and deployment[…]
