Moody’s assigns first-time Ba3 and Aaa.ng ratings to Dangote Cement
Moody's assigns first-time Ba3 and ratings to Dangote Cement MOODY'S Investors Service has assigned a first-time Ba3 corporate family rating (CFR), Ba3-PD probability of default rating and national…
Honeywell Flour Mills reports 242% net profit growth in 2017 results
Honeywell Flour Mills reports 242% net profit growth in 2017 results HONEYWELL Flour Mills Plc (HFMP) has announced its audited results for the year ended March 31, 2017.…
Guinness Nigeria Plc undertakes N39.7bn Rights Issue
Guinness Nigeria Plc undertakes Rights Issue L-R: Non-Executive Director, Prof Joe Irukwu; Managing Director, Mr. Peter Ndegwa; Non-Executive Director, Ambassador Sunday Dogonyaro; and Non-Executive Director, Ms Ngozi Edozien;…
Nigeria’s first Diaspora Bond starts trading on London Stock Exchange today
Nigeria’s first Diaspora Bond starts trading on London Stock Exchange today L–R: Bukar Kyari, Managing Director, Central Securities Clearing System (CSCS) Plc; Haruna Jalo-Waziri, Executive Director, Capital Markets…
SEC commends DMO, CBN and PENCOM on Sukuk
SEC commends DMO, CBN and PENCOM on Sukuk The Securities and Exchange Commission (SEC) has commended the Debt Management Office (DMO) onarrangements to issue the maiden Billion Sukuk…
United Capital lists Nigerian Eurobond Fund and Wealth for Women Fund on the NSE
United Capital lists Nigerian Eurobond Fund and Wealth for Women Fund on the NSE UNITED Capital Plc, has listed $10 million and N2 billion of its Nigerian Eurobond…
Fitch Rates Nigeria’s USD diaspora bonds ‘B+(EXP)’
Fitch Rates Nigeria's USD diaspora bonds 'B+(EXP)' FITCH Ratings-Hong Kong-14 June 2017: Fitch Ratings has assigned Nigeria's upcoming USD- denominated senior unsecured bonds an expected rating of 'B+(EXP)'.…
UBA’s debut $500 million Eurobond oversubscribed 240% by global investors
UBA's debut $500 million Eurobond oversubscribed 240% by global investors UNITED Bank for Africa Plc (UBA) successfully raised USD500 million, though a debut Eurobond, which was 240…
Forte Oil to boost operation with N20bn fresh capital …As share price surges by N23.84bn in a week
Forte Oil to boost operation with N20bn fresh capital …As share price surges by in a week FORTE Oil Plc has said it proposed N20 billion capital raise…
SEC to revoke registration of professionals/experts
SEC to revoke registration of professionals/experts THE Securities and Exchange Commission (SEC) is to revoke the registration of about 400 Capital Market Experts or Professionals who do not…