Dangote Cement Lists N150bn Bonds On NGX     The Nigerian Exchange Limited said on Tuesday that Dangote Cement Plc listed three N50bn tranches of bonds under the N300bn Debt Issuance Programme. According to the NGX, the bonds are 3.64 million units of a three-year 11.25 per cent...

Dangote Cement Issues N50bn Bonds For Projects Expansion       Dangote Cement Plc, Africa’s largest cement producer, has announced the successful issuance of N50 billion Series 1 Fixed Rate Senior Unsecured Bonds under the company’s new N300 billion Multi-Instrument Issuance Programme. The company said on Wednesday that the...

Dangote Cement Pays N273bn Dividend       Shareholders of Dangote Cement Plc yesterday commended the management of the company for an impressive performance despite the economic challenges in the immediate past business year. The shareholders approved N272.6 billion as dividend, translating to N16 per share for the year...

Five Firms Account For 70% Of Nigeria’s Stock Market Value       Dangote Cement Plc and four other companies accounted for about 69.59 per cent of the market capitalisation of equities on the Nigerian Exchange Limited as of the end of April. The other companies are MTN Nigeria...

Firms Borrowed N258.59bn From Bond Market Amid COVID-19 – SEC       More companies tapped the Nigerian bond market in 2020 amid the COVID-19 pandemic as they raised a total of N258.59bn, the highest on record, according to data from the Securities and Exchange Commission. The SEC data...

Investors Stake N16bn On 1.4 Billion Shares       The Nigerian equities market attracted investment inflow of N15.918 billion last week staked on 1.419 billion shares in 18,459 deals. This indicated an increase by 46.3 per cent from the N10.883 billion invested in 1.441 billion shares in 19,614...