Image Credit: Coronation Research February 1, 2022/Coronation Research Coronation Merchant Bank Limited is pleased to notify you of the opening of the Series XXI and XXII Commercial Paper Issuances by Coronation Merchant Bank Limited under its ₦100 billion Commercial Paper Programme. The Issuance will be across 181- and 269-day tenors for a target […]
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Results of the Series 1 Offer for Sale of MTN Nigerian Communications Ordinary Shares
Image Credit: FSDH Research February 1, 2022/FSDH Research The Series 1 offer for sale of 575 million shares held by the MTN Group in MTN Nigeria (the Offer) to Nigeria investors has been successfully completed. The offer was implemented by way of a bookbuild to qualified institutional investors and a […]
UACN Plc FY 2021: Gradually Reaching a Turning Point
January 31, 2022/CSL Research UACN released its unaudited FY 2021 result last week. In its full-year results, the company reported a 24.3% y/y increase in Revenue to N101.1bn in 2021 from N81.4bn in 2020. Q/q standalone, the company reported a solid topline growth of 19.6% q/q to N29.7bn in Q4 […]

