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The Debt Management Office (DMO) is seeking to raise ₦700 billion through a bond auction today, April 27, 2026. This issuance forms a critical component of the federal government’s domestic borrowing programme designed to plug budgetary gaps. Investors will bid across three distinct re-openings, with the settlement date set for April 29. The auction comes…
A ten percent stake in Africa’s largest single‑train refinery will be offered to public investors through a Pan‑African Initial Public Offering scheduled for 2026, Alhaji Aliko Dangote has confirmed. The share sale, which analysts estimate could raise approximately two billion dollars based on the facility’s twenty billion dollar valuation, marks the first time equity…
A late resurgence in financial services equities provided sufficient thrust to elevate the Nigerian Exchange Limited’s benchmark indicators on Thursday, with the All-Share Index advancing 576.27 points to conclude at 203,161.81 points. The 0.28 per cent expansion translated into N370bn of fresh capitalisation, pushing aggregate market value to N130.774tn. The session’s trajectory defied underlying fragility…
