UAC of Nigeria PLC (UAC) has announced the successful completion of its ₦18.7 billion Series 1 and 2 Commercial Paper issuance CP), the debut issuance under...
The country’s external or foreign reserves hit a seven-month low after falling to $38.57bn as of May 25, 2022, figures obtained from the Central Bank of...
In line with rife expectations by investors in the Nigeria’s Fixed Income (FI) Market, the overnight (OVN) rate expanded by 424 basis points last week to...
The Debt Management Office (DMO), on Monday announced the offer of two Federal Government of Nigeria (FGN) bonds for subscription. The first offer is a two-year...
Below is the commentary on the Foreign Exchange (FX) market with data for the week-ended April 22, 2022. The table following the commentary compares weekly turnover for...
There was respite for naira, the country’s local currency after the Nigeria’s foreign reserves added $84.25 million to hit $39.635 billion last week. Business Metrics found...
With sustainable finance gaining momentum globally, governments and corporate issuers are paying increasing attention to environmental, social and governance (ESG) factors, and investors, regulators and other...
Dangote Cement PLC has obtained approval from its Board of Directors to access the Capital Markets for medium to long-term debt funding under its N300 billion...
Veritasi Homes and Properties, a foremost real estate company in Nigeria, has signed its Commercial Paper (CP) programme worth N10 billion. The CP programme was approved through...
Guaranty Trust Holding Company Plc (GTCO Plc) has reported that its Profit Before Tax (PBT) stood at ₦221.5 billion in 2021, representing a dip of...