Firms Raise N246b From Corporate Bonds In H1

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NGX ASI 158.4tn ▲ 0.10% USD/NGN ₦1,329.00 ▼ 0.02% Bonny Light $115.40 ▲ 2.35% Inflation (Aug) 15.39% ▼ 0.04pt NGX Banking Idx +67.96% YTD ▲ 0.86% Fx Reserves $54.0bn ▲ T-Bills Demand firm ▲ NGX ASI 158.4tn ▲ 0.10% USD/NGN ₦1,329.00 ▼ 0.02% Bonny Light $115.40 ▲ 2.35% Inflation (Aug) 15.39% ▼ 0.04pt NGX Banking Idx +67.96% YTD ▲ 0.86% Fx Reserves $54.0bn ▲ T-Bills Demand firm ▲

The dormant primary equities segment of the Nigerian capital market has prompted listed companies; to rely on the bond market for fund raising as six Nigerian companies issued corporate bonds worth N246.28 billion; in order to improve their balance sheet and scale up their operations during the half-year (H1) ended June 30, 2022. The Nigerian … Continue reading Firms Raise N246b From Corporate Bonds In H1

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