COVID-19 Threatening Lagos N100bn Event Industry     With over 20,000 events held annually in Lagos, the event industry in the state may lose over N100 billion as a result of the COVID-19 pandemic, the Managing Director of PEC Events and Services, Funmi Omoyele, has projected. Omoyele, in...

NSE Lists N100bn Dangote Cement Bonds     The Nigerian Stock Exchange has listed Dangote Cement Plc’s N100bn, five years 12.50 per cent fixed rate series 1 senior unsecured bonds due 2025 under the N300bn debt issuance programme. The NSE, in a statement by the Head, Listings Regulation...

MTN Completes N100bn Commercial Paper Issuance     MTN Nigeria has completed the issuance of its series I and II notes, under its N100bn commercial paper debt programme. The company announced the issuance in a notice to the Nigerian Stock Exchange and the investing public. It priced the Series...

MTN Nigeria Opens Offer Of N100bn Commercial Paper Issuance   MTN Nigeria Communications Plc has started its Commercial Paper (CP) Issuance, series 1 & 2 of N50 billion each, under its N100 billion CP issuance programme. Afrinvest in a note to investors said “We are pleased to...

Dangote Cement To Raise N100bn In Fresh Bond   Dangote Cement Plc has said it is seeking to raise up to N100bn from the bond market under its N300bn Debt Issuance Programme. The company said the funds from the debut offering in the bond market would be...

DBN Disburses N100bn As Loans To 95,000 MSMEs   Between January and October this year, the sum of N100bn was disbursed by the Development Bank of Nigeria as loans to 95,000 Micro, Small and Medium Enterprises. Out of this amount, N70bn, which is about 70 per cent,...