FMDQ Lists Flour Mills’ N30bn Commercial Papers   FMDQ Securities Exchange Limited has announced the approval of the quotation of the Flour Mills of Nigeria Plc N10bn Series 13 and N20bn Series 14 Commercial Paper notes. The notes are part of the firm’s N100bn CP Issuance Programme...

Togo, Others Owe Nigeria N30bn For Electricity   The Republics of Togo, Niger and Benin owe Nigeria a total of N29.97bn for the electricity supplied to them from January to September last year, according to the Nigerian Electricity Regulatory Commission. Nigeria, through its electricity transmission company, supplies...

NSE Lists Union Bank’s N30bn Bonds   The Nigerian Stock Exchange has listed Union Bank of Nigeria Plc’s N30bn10-Year bond. The NSE said in a notice that the N30bn bond was listed at 16.20 per cent interest rate under the bank’s N100bn debt issuance programme. Describing the bond...

Stock Sustain Gains As Investors Earn N30bn   The nation’s stock market on Tuesday sustained the gains it began the month with as the market capitalisation increased further to N13.421tn from N13.410tn. MTN Nigeria Communications Plc, International Breweries Plc and Ecobank Transnational Incorporated saw buying interests, which...

Access Bank Issues Tier II N30bn Local Bond To further strengthen its funding base, Access Bank Plc at the weekend announced that it has successfully issued a Tier II N30 billion fixed rate subordinated unsecured bond. The bond was oversubscribed, which according to a statement...

FAAN Targets N30bn Annual Revenue   The Federal Airports Authority of Nigeria (FAAN) has said it aims to increase its revenue from the current budget of over N20bn annually to N30bn. The agency which is managing about 22 airports in the country said that it had taken...