June 16, 2021/NGX Ardova Plc (“AP” or the “Company”) hereby notifies its shareholders, and the investing public, that the Company has reached an agreement with Enyo Retail and Supply Holding Limited (“ERSHL”) to acquire a 100% equity stake in Enyo Retail and Supply Limited (“Enyo”). This announcement follows the execution […]
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Standard Chartered Lead Manager in the ETI $350m Tier 2 Sustainability Notes
June 16, 2021/Standard Chartered Bank Standard Chartered Bank, alongside three other banks, acted as Joint Lead Manager (B&D bank) in addition to being the Sole Sustainability Structuring Agent for Ecobank Transnational Incorporated (“ETI”) on its US$350m Tier 2 Sustainability Notes Issuance. The bond, priced at a yield 8.950% and coupon […]
Investors Interest in MTNN Spurs First Weekly Gain +0.2% on the Nigerian Bourse
June 16, 2021/Cordros Report EQUITIES Trading in the domestic equities market was negative for most of the day; however, investors’ interest in MTNN (+1.2%) spurred the first gain of the week. Precisely, the benchmark index inched higher by 0.2% to 38,564.70 points. Consequently, the Month-to-Date return increased to +0.3%, while […]
