United Capital To Raise ₦20 billion Unsecured Bond
MTN Nigeria Completes ₦100 billion Working Capital Raise. MTN Nigeria Communications (MTNN) Plc on Tuesday
Diversifying the government’s revenue base, increasing non-oil revenues, and securing oil revenues, will all be critical, says the IMF in its latest economic health check of sub-Saharan Africa’s most populous economy. “Identifying two or three big-ticket items could lift revenue sustainably and in a timely manner—other reforms could follow,” said...
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Negative credit rating to pressure FG’s Eurobond plan as public debt hits ₦27.4trn. Experts have said that Eurobond issuance will be difficult due to recent Nigeria’s sovereign credit rating downgrade, and while at it public debt hits ₦27.4 trillion.
NSE commits ₦100 million to support fight against coronavirus
Market Cap Declines ₦69.6 Billion on Renewed Bearish Activity. Stock market capitalisation declines ₦69.6 billion on account of sell-offs in some highly capitalised stocks, thus dragged the stock market performance on Tuesday.
Nigeria records ₦338.94 billion VAT revenue in Q1 -NBS The National Bureau of Statistics (NBS) says ₦338.94 billion was generated as Value Added Tax (VAT) in the first quarter (Q1) of 2020. The NBS made this known in its latest Sectoral distribution of VAT data for Q1, 2020 released on Monday. It...
Contributions to COVID-19 relief fund now ₦25.8 billion - CBN
Investors gain ₦162 billion as stock market sustains positive momentum