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WorldStage Newsonline– UACN Property Development Company Plc (UPDC) has issued a notification that it will fully redeem its N4,355,000,000 Series 1 Bonds on the 26th of April, 2021 together with accrued Coupon up to, but excluding the Redemption Date.
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WorldStage Newsonline– Ecobank Transnational Incorporated (ETI), the parent of the Ecobank Group, has confirmed that one of its significant subsidiaries, Ecobank Nigeria, secured N50 billion, 10-Year bilateral subordinated loan.
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WorldStage Newsonline– Unilever Overseas Holdings B.V, the majority shareholder in Unilever Nigeria Plc with 72.3% equity has further consolidated its position with a fresh purchase of 27,079,746 shares at 13 NGN per share which amounted to N352,036,698.
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WorldStage Newsonline– Niger Insurance Plc, a Nigerian firm which is into underwriting of life and general insurance business has authorized its directors to restructure the company’s General Insurance Business and Life Insurance Business as a separate legal entity.
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WorldStage Newsonline– Unilever Nigeria Plc, a company that is principally involved in the manufacture and marketing of foods and refreshments, home care and beauty and personal care products has released its unaudited interim financial statements for the year ended 31 December 2020 with a slight growth in revenue to N61.572 billion from N60.758 billion in 2019.
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WorldStage Newsonline– Trading on the Nigerian Stock Exchange returned to bearish posture on Thursday with the market indices losing 0.12 per cent following profit taking in Dangote Cement and Axa Mansard.
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WorldStage Newsonline– As the Tranche A and Tranche B bonds of the Flour Mills of Nigeria (FMN) Plc valued at N29.8 billion was listed on Thursday at the Nigerian Stock Exchange (NSE), the group had expressed commitment to explore diversified funding sources from the capital market for enhanced growth and development.
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WorldStage Newsonline– Lafarge Africa Plc, a cement manufacturer headquartered in Lagos and majorly controlled by LafargeHolcim has notified the Nigerian Stock Exchange of its decision to divest its 35% shareholding in Continental Blue Investment Ghana Limited (CBI Ghana).
Read More WorldStage Newsonline– Transactions on the Nigerian Stock Exchange (NSE) rebounded on Wednesday by N50 billion, halting two consecutive days bearish trend due to sustained bargain-hunting in insurance stocks.
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WorldStage Newsonline– United Capital Plc has reported share dealing by insiders involving Shedrack Onakpoma, Group Chief Finance Officer of the company who sold 230,000 units at N 5.35 per share.
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