April 12, 2020/SEC Nigeria The Securities and Exchange Commission, SEC has clarified its position on the sharing of gifts at Annual General Meetings as contained in Rule 602 (4) of its Rules and Regulations. According to the SEC, “Rule 602(4) states that ‘’public companies shall not distribute gifts to shareholders, […]
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Primero BRT Securitization SPV Lists N100 Billion Bond on the NSE
April 9, 2020/NSE The N16,500,000,000 Series 1; 17% Fixed Rate Bonds due 2026 under the N100,000,000,000 Medium Term Bond Program of Primero BRT Securitization SPV Plc, bonds, NSE were today, Thursday, 9 April 2020 listed on The Nigerian Stock Exchange. The Bonds were 100% subscribed. Below are details of the Bonds:
Flour Mills Lists N12.5 Billion Bond on the Nigerian Bourse
April 9, 2020/NSE The N12,499,600.000.00 3-Years 10% Series 3 (Tranche A) Fixed Rate Senior Unsecured Bond due 2023; and the N7,500,400,000 5-Year 11.10% Series 3 (Tranche B) Fixed Rate Senior Unsecured Bond due 2025, issued by Flour Mills of Nigeria Plc under the N70,000,000,000 Bond Issuance Programme were today, Thursday, […]
