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Tag: N150 Billion

Importers, Agents Berate NPA, NSC Over N150bn Charges

Importers, Agents Berate NPA, NSC Over N150bn Charges   Importers and clearing agents at the seaports have raised the alarm over the plan by shipping firms to introduce and force them to pay additional charges on dry, reefer, Out of Gauge (OOG), break bulk cargoes coming...

FG Commences Sale Of N150bn Sukuk Bond

FG Commences Sale Of N150bn Sukuk Bond   The Federal Government on Thursday commenced the sale of N150bn seven-year Sukuk bond offer meant for the development of road infrastructure in different parts of the country. The Debt Management Office disclosed this on its website adding that the...

COVID-19: SMEs Can Access CBN’s N150bn Lifeline – FG

COVID-19: SMEs Can Access CBN’s N150bn Lifeline - FG   Small and Medium Scale Enterprises (SMEs) affected by Covid-19 can approach the Central Bank of Nigeria for a loan to restart their businesses, the Federal Government has said. The government said the CBN has set aside N150...

Dangote Cement Raises N150bn As Bond Offer

Dangote Cement Raises N150bn As Bond Offer   Dangote Cement Plc has raised a total N150 billion in its debut bond issuance in the nation’s capital market. The company had accessed the market with N100 billion Series 1 Fixed Rate Senior Unsecured Bonds due April 2025...

With N150bn Gain, Stock Market Rebounds

With N150bn Gain, Stock Market Rebounds   The stock market witnessed a rebound from its two-day losing streak on Thursday. Gains resurfaced in the equities market as the All Share Index increased by one per cent to settle at 29,352.13 basis points while the year-to-date return improved...

FG Reopens Subscription Offer For N150bn Bonds In December

FG Reopens Subscription Offer For N150bn Bonds In December   The Federal Government has opened subscription offer for its December bond by reopening the APR-2023, APR-2029 and APR-2049 bonds, offering investors N50bn each across each tenor. The Debt Management Office said in a notice on Wednesday that...