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Seplat Prices $350 Million 9.25% Senior Notes Due 2023

March 13, 2018/NSE Seplat today announced that it has priced its offering of $350 million in aggregate principal amount of 9.25% senior notes due 2023 (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 […]

Nigerian Equities Market Up +0.04% on Gains in Industrial, Oil & Gas Counters

March 13, 2018/InvestmentOne Update The Nigerian equities market was somewhat flat today, gaining 0.04%. However, market breadth index ended negative with 39 stocks declining against 26 stocks that gained. CUTIX (+6.12%) had the best performance while JAPAULOIL (-8.33%) topped the laggardsâ chart. ZENITHBANK (-1.77%) was the most actively traded with […]

Oando Announces Close Period, Schedule Board Meeting March 27, 2018

March 13, 2018/NSE This is to inform the public and our stakeholders that the Board of Directors of Oando PLC will be meeting to consider the 2017 Audited Financial Statements of Oando PLC on Tuesday, March 27, 2018. In compliance with the NSE Rule Book and the Amendments to the […]