The Federal Government of Nigeria has expanded its presence on the Nigerian Exchange Limited (NGX) by listing a new bond and supplementary issues of existing bonds. New Listing: Supplementary Listings: This listing activity provides investors with increased opportunities to participate in the Nigerian debt market. Source: Fundvine / Stockwatch
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
FCMB Group Plc notified the Nigerian Exchange and the investing public that it has successfully completed the issuance of a N20,686,000,000 Perpetual 16% Fixed Rate Resettable NC5.25 Additional Tier I Capital Subordinated Bonds (AT1) under its N300,000,000,000 Debt Issuance Programme The Group’s AT1 Issuance is the first non-sharia local currency AT1 instrument issued in Nigeria and the[…]