Capital Market

Zenith Bank to float $1bn Eurobond

Zenith Bank of Nigeria Plc intends to float up to a maximum of $1 billion in a new Global Medium Term Note programme, with Citigroup Global Markets Limited and Goldman Sachs International, acting as joint arrangers and dealers. The net proceeds from each issue of Notes will be used by […]

Kogi’s N5bn bond oversubscribed –Wada

The Kogi State Governor, Capt. Idris Wada, has said that the N5bn the state government raised as the first tranche of its N20bn bond has been oversubscribed. Wada said this when he paid a courtesy visit to the Nigerian Stock Exchange in Lagos on Thursday. He said that the first […]

Account Rendition: NSE Grants One-Month Grace to Erring Companies

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) Thursday announced it has given erring companies on the rendition of accounts a grace of one-month to comply or face sanctions. The NSE in a notice to the companies said it’s concerned and mindful of the challenges being encountered by […]