Investors Bite

NGX Lists Three Tranches of Dangote Cement Bonds Issued Under the N300 Billion Debt Issuance Programme

July 18, 2022/NGX The three (3) tranches of Dangote Cement Plc’s Bonds issued under the N300 Billion Multi-instrument Debt Issuance Programme were on Wednesday, 13 July 2022 listed on the Nigerian Exchange Limited.  Below are details of the Bonds:

UBA Says $500 Million 5-Year Eurobond Redeemed

July 15, 2022/NGX The United Bank for Africa Plc (“UBA” or the “Group”) on Wednesday 8th June, redeemed its $500 million 5-year Eurobond notes, with a maturity date of June 8, 2022.   Issued in 2017, the five-year bond was offered at a coupon rate of 7.75%.   As part of UBA’s […]

NGX Halts Bearish Streak as AIRTELAFRI Buoy Indices to +1.3% Weekly Gain

Despite the shortened trading week due to the public holidays on Monday and Tuesday, the domestic bourse halted its bearish streak as AIRTELAFRI (+10.0%) closing limit up in today’s (Friday) session buoyed the market’s performance. Pertinently, the All-Share Index rose by 1.3% w/w to close at 52,215.12 points. July 15, […]