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BUA Cement, MTN, Zenith Bank trigger first loss in equities in 2021

BUA Cement, MTN, Zenith Bank trigger first loss in equities in 2021

…Index down 1.8% By Nkiruka Nnorom The gains recorded, Monday, in the stock market was reversed following profit taking in some blue chip companies, resulting in 1.8 percent losses at the end the day’s session. The market had opened the first trading day of the year high with the benchmark All Share Index (ASI) crossing […]

BUA Cement’s N100bn corporate bond oversubscribed by 37.8%

BUA Cement’s N100bn corporate bond oversubscribed by 37.8%

By Nkiruka Nnorom BUA Cement Plc has successfully concluded its  Series-1 fixed rate senior unsecured bond issue  under its maiden N200 billion bond issuance programme. With this development, BUA Cement’s Series-1 bond has become the largest ever corporate bond issued in the Nigerian debt capital market and signposts growing investor confidence in Nigeria’s second largest […]

N115bn Issue: BUA completes largest corporate bond

N115bn Issue: BUA completes largest corporate bond

BUA Cement Plc, one of Africa’s largest cement companies, has concluded its N115 billion Series 1 Fixed Rate Senior Unsecured Bond Issue under its maiden N200 billion Bond Issuance Programme.