It added that, “despite the economic headwinds associated with the transition of businesses into the ‘new normal’ in view of the COVID-19 pandemic, the Dangote Cement CP issuance and subsequent quotations on FMDQ Exchange.
The sponsor of the Bond and a Registration Member of FMDQ Exchange, Absa Capital Markets Nigeria Limited, through its chief executive officer, Mr. Sadiq Abu, stated that, “we are very pleased to have acted as Lead Issuing House on the transaction. The success of the issuance and positive investor response amidst market uncertainty is indicative of Dangote Cement’s strong credit profile and market positioning.
“You will recall that only a few years ago, Nigeria was one of the world’s largest importers of cement. Dangote Cement has transformed into an exporter of this basic but vital commodity.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Debt servicing gulps 76% of revenue, experts, Buhari disagree on borrowingsThe Federal Government on Wednesday disclosed that it spent N4.2tn on debt servicing between January and November 2021. 76% of revenue going into servicing loans obtained from the military era to date. Monies mostly stolen until 2015 when things started to change. Buhari disagrees with himself, he lives d lie that he is educationally not fit for purpose that he is disadvantaged. But he has been petrol minister 4 times. How ? He is doing his best to ruin country & he is succeeding. Enemy within. Hardly a day goes by w/out scores killed 🇳🇬 The world run a debt based economy control by the dollars and without dollars ,the economy of developing nation will collapse and dollar loans is the only way to sustain the economy ,this is the western colonization I want everyone to understand
Source: MobilePunch - 🏆 8. / 63 Read more »
EXTRA: Tricycle rider in Gombe fakes own abduction over N250,000 debt | TheCableThe police in Gombe state have arrested one Hallilu Aliyu, a tricycle rider, for faking his own abduction over a N250,000 debt he owes.
Source: thecableng - 🏆 2. / 80 Read more »
Gombe tricycle rider feigns own kidnap, demands N500,000 to settle debt - Punch NewspapersThe most widely read newspaper in Nigeria Who do all this to us, can you just imagine
Source: MobilePunch - 🏆 8. / 63 Read more »
Buhari: Nigeria statistics on unemployment, exchange rates, debt faultyNigeria's President Muhammadu Buhari has disagreed with dire statistics about the country's unemployment, exchange rates and debt profile since he took over the office in 2015. Dementia.😎
Source: GuardianNigeria - 🏆 1. / 94 Read more »
President Buhari faults statistics on unemployment, exchange rates, debt profile under himNigeria’s President Muhammadu Buhari has disagreed with dire statistics about the country’s unemployment, exchange rates and debt profile since he took over the office in 2015.
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »