July 20, 2022/Cordros Report EQUITIES Trading in the local bourse carried on yesterday’s bearish performances as the All-Share Index declined by 0.2% to close at 52,186.52 points. Notably, selloffs in NB (-6.1%) and GTCO (-2.6%) undermined the market’s performance. Accordingly, the Month-to-Date and Year-to-Date returns moderated to +0.7% and +22.2%, […]

…the largest corporate bond in the history of the Nigerian capital market… July 20, 2022/Hill+Knowlton Strategies  Standard Chartered acted as Lead Issuing House on the landmark NGN187.6bn Series 1 Bond Issuance by Dangote Industries (“DIL”). The issuance comprises a 7-year 12.75% Tranche-A and a 10-year 13.50% Tranche-B Senior Unsecured Bond. […]

July 19, 2022/Dangote Group Dangote Industries Limited (“DIL” or the “Group”), one of the leading, diversified and fully integrated conglomerate in Nigeria and Africa, is pleased to announce the successful completion of its ₦187.6bn Series 1 Bond Issuance (the “Transaction”), which is the largest corporate bond ever issued in the […]