MTN Nigeria Communications Plc has notified the Nigerian Exchange and the investing public of its proposed issuance of up to N52,895,846,000 Series 8 and 9 Commercial Paper notes under its N250 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 capital and funding requirement.
Source: MTN Nigeria to raise N52.9bn via Commercial Paper issuance – StocksWatch (stocksng.com)
A total of 30,281 units valued at N30.936 million were traded this week in 19 deals compared with a total of 189,346 units valued at N187.047 million transacted last week in 28 deals. Source: NGX and Fundvine Research
The Central Bank of Nigeria (CBN) in an effort to address efficient and optimal circulation of currency circulation in the economy has directed Deposit Money Banks to ensure availability of cash to customers Over-the-Counter and through ATMs. The apex bank said it will intensify its oversight roles to enforce this new directive and ensure compliance. Members of[…]
