Investors Bite

MIDDAY UPDATE: Nigerian Stocks Inch Down -0.32%, Dragged by MTNN

March 26, 2021/InvestmentOne Update ASI as at 12.00pm: -0.32%. Market movers:  AFRINSURE (-4.76%), UAC-PROP (-2.44%), PRESTIGE (+9.76%)  and ABCTRANS (+7.14%). Sector Performances: Banking (+0.16%),  Consumer Goods (+0.05%), Industrial and Oil and Gas. Market activity: In today’s early trade, total volume and  total value increased by about 14% and 36% compared to this […]

Dangote Cement Obtians Approval for Debt Funding Options Under Proposed N300 Billion Bond Issuance

March 26, 2021/NSE Dangote Cement Plc. (“the Company”) has obtained approval from its Board of Directors to access the Capital Market to support business growth and maximize available sources of its debt funding. Dangote Cement Plc. is Nigeria’s largest listed entity by market capitalization on the Nigerian Stock Exchange, as […]

SEPLAT Announces Pricing of $650 Million 7.75% Senior Notes Due 2026

March 26, 2021/NSE Seplat announces that it has priced its offering of $650 million in aggregate principal amount of 7.75% senior notes due 2026 (the “Notes”). The Notes will be issued by the Company and guaranteed by certain of its subsidiaries. The gross proceeds of the Notes will be used […]