STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! FGN SET TO ISSUE A SECOND N100 BILLION SOVEREIGN SUKUK IN DECEMBER 2018 The Debt Management Office of Nigeria (DMO) has announced that the Federal Government of Nigeria would in December 2018, float another N100 billion Sovereign Sukuk, being the second Sovereign Sukuk issuance by the Federal Government. According to the […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! SEPTEMBER FGN BOND AUCTION OVERSUBSCRIBED BY N158 BILLION The Federal Government of Nigeria Bond Auction for September 2018, conducted by the Debt Management Office (DMO) on Wednesday 26th September 2018, was oversubscribed. A statement from the DMO said it received subscriptions from bidders for three Bonds offered: 5-year, 7-year and 10-year […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! FGN ISSUES 2 AND 3 YEARS SAVINGS BOND FOR SEPTEMBER 2018 AT 11.3634% AND 12.364% PER ANNUM The Debt Management Office (DMO) on Monday 3rd September 2018 announced that The Federal Government of Nigeria (FGN) has issued a new round of FGN Savings Bond which opened on the same day 3rd […]
ENFORCEMENT OF COURT JUDGMENT ON AWOYAYA LAND
STL Trustees Explains Enforcement of Court Judgment on Awoyaya Land STL Trustees has explained that the July 24 and 25, 2018 execution of the judgment on the property measuring 200.184 hectares situated at Awoyaya Area, along the Lekki-Epe Expressway, Ibeju-Lekki Local Government Area of Lagos State, was in compliance with the Judgments of the […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! DMO RELEASES PUBLIC DEBT DATA FOR JUNE 2018; FGN DOMESTIC DEBT DECLINES The Debt Management Office held a Media Briefing session on Tuesday, August 14, 2018, at which it presented the nation’s Public Debt figures as at June 30, 2018. The figures presented revealed that the Total Public Debt which encompasses […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! CBN SELLS 3.6 BILLION NAIRA IN FIRST NAIRA – YUAN EXCHANGE The Central Bank of Nigeria (CBN) has announced that its maiden auction of the Chinese currency under a swap deal with the Peoples Bank of China (PBOC) has been estimated at N3.6 billion. According to the Acting Director in charge of Corporate Communications […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! CBN TO HOLD 3RD MONETARY POLICY COMMITTEE (MPC) MEETING IN THE YEAR 2018 The Central Bank of Nigeria (CBN) has announced that the 3rd bi-monthly MPC meeting for the year 2018 will be held in Abuja next week. In a circular issued on the website of the apex bank, […]
STL Trustees Capital Market & Money Market News Recap
While you were away! SHAREHOLDERS CALL FOR THE CONSTITUTION OF SEC BOARD Disturbed by the continued absence of a board for the Securities and Exchange Commission, SEC, which is the apex regulator of the Nigerian capital market some concerned shareholders have made a passionate appeal to the Federal Government to constitute a board for the commission […]
STL Trustees Capital Market & Money Market News Recap
While you were away! CBN MAINTAINS MPR AT 14% IN ABSENCE OF MPC QUORUM The Central Bank of Nigeria (CBN), has announced that in the absence of a quorum for what would have been the first Monetary Policy Committee (MPC) meeting for 2018, the Monetary Policy Rate (MPR) shall be retained at 14% and all other variables […]
STL Trustees Capital Market & Money Market News Recap
While you were away! FGN SET TO ISSUE DEBUT GREEN BOND IN THE DOMESTIC MARKET The Debt Management Office (DMO) on Wednesday 13th December 2017 announced that it was set to issue the first Sovereign Green Bonds worth N10.69bn to finance some aspects of the 2017 budget. “As part of the preparations towards the Issuance […]