Debt Management Office to Issue N200 – N250 billion of Sovereign Sukuk in 2021

    By Financescape The Debt Management Office (DMO) has announced another Sovereign Sukuk this year for an expected maximum amount of N200 – N250 billion to finance infrastructure and critical road projects across the country. The Nigerian government through the Debt management office commenced the issuance of Sukuk in September 2017 as a strategic […]

JAIZ BANK PLC HAS ANNOUNCED MR. SHEHU MOHAMMED AS IT’S NEW COMPANY SECRETARY/LEGAL ADVISER.

    By Financescape     Jaiz Bank Plc has announced the appointment of Mr. Shehu Mohammed as its new bank  Secretary/Legal Adviser. According to the release signed by the company Executive Director, Mr. Sirajo Salisu for Jaiz Bank Plc notify The Nigerian Exchange Group NGX Regulation Limited and its entire Shareholders and the General […]

Airtel Africa announced sale of its tower’s infrastructure assets in Tanzania for $175 million.

    By Financescape   Airtel Africa a leading provider of telecommunications and mobile money services which offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally has set sale of tower portfolio in Tanzania for $175 million.   […]

Bitcoin Slip below 43,000 dollars as Elon Musk Implied in a Twitter Exchange on Sunday That Tesla Inc May have or sold its Bitcoin Holdings.

    By Financescape     The price of Bitcoin Tumble for the first time in almost three months after the billionaire owner of the electric-car maker Tesla Inc agreed with a Twitter post that said Tesla should divest its 1.5 Billion dollars stake in Bitcoin.   Since then the price of Bitcoin has continued […]

MTN NIGERIA COMMUNICATION PLC ANNOUNCED THE COMPLETION OF ISSUANCE OF N110 BILLION SERIES 1 7-YEAR 13.0% FIXED RATE BONDS DUE 2028 UNDER ITS N200 BILLION BOND ISSUANCE PROGRAM

    By Financescape   MTN Nigeria Communication Plc, a telecommunication service provider in Nigeria announced the completion of its (series 1 Bond) debt capital under the N200,000,000,000 Bond Issuance Programme. The company had earlier declared its intention to raise N100 billion in Series I of the registered Shelf program adding that the Series I […]

OKOMU OIL PALM COMPANY PROPOSED A DIVIDEND OF N7.00 TO ITS COMPANY SHAREHOLDERS FOR PERIOD ENDED 31TH DECEMBER, 2020.

    By Financescape   OKOMU OIL PALM COMPANY PLC a Nigeria-based company specialized in producing and marketing palm oil and natural rubber has proposed to pay a dividend of N7.00 per 50kobo ordinary share to shareholders of the company whose names appear in the registrar of members on the 13th May 2021.     […]

Airtel Africa Plc Announced the Signing of a $500m Loan Facility with a Group of Relationship Banks.

    By Financescape   Airtel Africa, a leading provider of telecommunications and mobile money services, today announced that the company has successfully signed a new $500m loan facility with a group of relationship banks. The committed facility consists of a combination of a revolving credit facility and term loans with tenor of up to […]