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NSE delists Access Bank‘s N13.5bn bond …Unity Bank posts N10.66bn profit

By Udeme Ekwere Thursday, 21 Oct 2010 The Nigerian Stock Exchange has delisted Access Bank Plc‘s N13.5bn three-year redeemable Convertible Bond from its Daily Official List. This action was carried out on Wednesday, after the bank had made its fourth and final redemption payment on the convertible bond, which became due […]

Naira gains on dollar sales

By Agency Reporter Thursday, 21 Oct 2010 The naira firmed against the United States dollar on Wednesday after two reports that energy firms sold hard currency to some lenders and the Central Bank of Nigeria met almost all demand at a currency auction. The naira strengthened to 151.60 to the dollar […]

Flour Mills postpones issuance of N35bn bond

By Gbenga Agbana Thursday, 21 Oct 2010 Flour Mills of Nigeria Plc has postponed half of its corporate bond recently approved, by way of shelf registration, in order to have access to a cheaper source of finance through the capital market. The Chairman of the company, Mr. George Coumantaros, said this […]