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archiveJuly 5, 2017

BOND MARKETMARKETSTOP STORY

FG to issue N135bn bonds on July 12 – DMO

The Federal Government plans to sell N135 billion worth of bonds in its July 12 auction, the Debt Management Office (DMO) has said. The offer circular, which was obtained from its website on Wednesday, said it would sell N35 billion of bonds that would mature in July 2021 at 14.50...
CAPITAL MARKETMARKETSTOP STORY

Ashaka Cement quits NSE

Ashaka Cement Plc has voluntarily delisted from the Nigerian Stock Exchange (NSE) for violation of the exchange free float deficiency provision of 20 per cent. The company announced its voluntary withdrawal in a statement posted on NSE website by the company’s directors. “The Board of Directors of Ashaka Cement Plc...
OTHER BUSINESSESPENSIONTOP STORY

Lagos pays retirees N684m

The Lagos State government has released N684 million as accrued pensions to 218 retirees. The payment was made to retirees from the Mainstream Civil Service, Local Governments, State Universal Basic Education Board (SUBEB), Teachers Establishments and Pensions Office (TEPO) and other parastatals of government under the Contributory Pension Scheme for...