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Summary of FGN Bond Auction Results for October, 2018

October 25, 2018/DMO Auction Result for the 12.75% FGN APR 2023 (Re-opening 5-year Bond), 13.53% FGN MAR 2025 (Reopening 7-Year Bond) & 13.98% FGN FEB 2028 (Re-opening 10-Year Bond) Successful bids for the 12.75% FGN APR 2023, 13.53% FGN MAR 2025, and 13.98% FGN FEB 2028 were allotted at the […]

SEC Issues Agenda for October 29 Meeting of the Fixed Income Market Structure Advisory Committee

24/10/2018/US SEC The Securities and Exchange Commission today released the agenda for the Oct. 29 meeting of the Fixed Income Market Structure Advisory Committee meeting.  The Commission established the advisory committee to provide a formal mechanism through which the Commission can receive advice and recommendations on fixed income market structure issues. […]

Cadbury Nigeria: Better-than-Expected Q3 2018 Performance

24/10/2018/Cordros Report Event: CADBURY just published September 30 2018 result with net profit of NGN600 million in Q3. This overturned the loss of NGN420 million in H1-2018 to NGN170 million profit in 9M 2018 (9M-2017: NGN60 million loss). The NGN680 million pre-tax profit in Q3 beat the NGN560 million we […]