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- Nigeria’s Debt Office to Reopen N1.2trn Bonds for Subscription
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MarketNews
Debt Management Office (DMO) is scheduled to hold its monthly auction on June 22, targeting
MTN Nigeria Communications PLC has successfully raised more than N75 billion from the debt capital market, the telecommunications company told the Nigerian Exchange Limited and the investing public.
Nigerian conglomerate John Holt has been attracting equities investors’ attention in the recent past weeks on the Nigerian Exchange. Demand for the stock has remained in an uptrend since the conglomerate returned to profitability.
As the government continues to borrow, Nigeria’s debt clock is predicted to accelerate even more. Total debt to gross domestic product (GDP) is estimated to settle at 54.6% at the end of 2024, analysts at Cordros Securities said in a commentary note.
N40m Diaspora Mortgage: FMBN Disclaims Partnering HXAfrica The Federal Mortgage Bank of Nigeria (FMBN) has…
Nigeria Commits to Fair, Inclusive Multilateral Trading System The Permanent Secretary, Ministry of Industry, Trade…
Central Bank to Penalise Banks Aiding, Abetting Naira Hawking The Central Bank of Nigeria (CBN)…