32.2 C
Lagos
Wednesday, December 7, 2022
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...
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
Contributions to COVID-19 relief fund now ₦25.8 billion - CBN
MTN Nigeria announces ₦4.97 final dividend, asks shareholders to complete e-dividend registration
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.
Investors gain ₦162 billion as stock market sustains positive momentum
NOVA predicts NAFEX to hit ₦410 as dollar scarcity hinders repatriation. Nova Merchant Bank Limited has predicted that the Nigerian Autonomous Foreign Exchange rate could further weaken to N410 to a dollar.