March 29, 2021/SEC Nigeria The non-interest capital market sector in Nigeria has been described as one that is unique and full of potentials to facilitate the objective of deepening the financial system and spurring the growth of the Nigerian economy. This was stated by the Director General Securities and Exchange […]
Capital Market
SEC Releases rules on Warehousing and Collateral Management
March 28, 2021/SEC Nigeria In a bid to ensure the nation has a vibrant commodities trading ecosystem which would in turn translate into foreign exchange earnings for the country, the Securities and Exchange Commission has released new rules covering warehousing and collateral management among others. According to the rule, every […]
Moody’s Assigns Ratings to Dangote Cement Plc’s DMTN Program and Proposed Series 1 Notes
March 26, 2021/Moody’s Investors Service Moody’s Investors Service (“Moody’s”) has today assigned a (P)B2 local currency rating and Aa3.ng national scale rating (NSR) to the NGN300 billion domestic medium term note program (DMTN) issued by Dangote Cement Plc (DCP) and assigned a B2 local currency rating and Aa3.ng NSR to […]
