March 8, 2022/NGX Further to the announcement of 4 February 2022, Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, confirms that it has completed the early repayment of its c.$505m 5.125% Guaranteed Senior Notes, originally due in March 2023, […]

March 7, 2022/Cordros Report EQUITIES Activities in the Nigerian equities market picked from where they left off last week as investors sold off SEPLAT (-4.3%) stock. Thus the All-Share Index settled 1bp lower to close at 47,262.61 points. Consequently, the Month-to-Date and Year-to-Date return moderated to -0.3% and +10.6%, respectively. The total volume […]

  March 7, 2022/SEPLAT Seplat Energy has become aware of newspaper and social media reports that the Nigerian National Petroleum Company Limited (“NNPC”) has exercised a right of pre-emption under the NNPC/Mobil Producing Nigeria Unlimited (“MPNU”) Joint Operating Agreement (“JOA”).  The Company wishes to clarify that the Sale and Purchase […]