MONTHLY FGN BOND AUCTION – January 2017
Amount & Tenor
N40,000,000,000 – 14.50% FGN JUL 2021 (5-Year Re-opening)
N50,000,000,000 – 12.50% FGN JAN 2026 (10-Year Re-opening)
N40,000,000,000 – 12.40% FGN MAR 2036 (20- Year Re-opening)
Auction Date: Wednesday, January 18, 2017
Settlement Date: Friday, January 20, 2017
Units of Sale: N1,000 per unit subject to a minimum subscription of N10, 000 and in multiples of N1, 000 thereafter.
Tender forms can be downloaded from https://www.dmo.gov.ng/publications/other-publications/1058-newfgnbondtenderform-1/file
For more information, please contact us on (+234)-01-2715754 or via email on email@example.com.
UNITED BANK FOR AFRICA PLC – Notification of Closed Period
UBA Plc. has declared the commencement of the close period in respect of its accounts for the period ended 31st December, 2016 today, 11th January, 2017. By the declaration, no person with material non-public information may directly or indirectly deal in the securities of the Bank until the 24 hours after the release of the audited accounts of the Bank for the period ended 31st December, 2016.
GUINEA INSURANCE PLC – Financial Result for the 9 Months Ended 30th September, 2016
Gross Premium Income: 18% decrease from N809.2m to N661.1m
Profit after Tax: 17% decrease from N44.6m to N37.1m (9M 2016 EPS, 0.6 kobo; 9M 2015 EPS, 0.7 kobo)