power sector bond

Business

Strong Demand Drives Full Subscription Of FG’s N501bn Power Sector Bond

THEWILL. -
January 28, (THEWILL) — The Federal Government’s N501 billion power sector bond has recorded full subscription, reflecting strong investor confidence in the ongoing reforms within Nigeria’s electricity industry and the government’s commitment to settling legacy power sector obligations. The...
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BusinessOgochukwu Onwaeze, THEWILL -

NGX Loses ₦719bn As All-Share Index Falls 0.44 Percent

The All-Share Index (ASI) also declined by 1,107.28 points, or 0.44 percent, from 253,990.06 to 252,882.78 points, reversing part of Tuesday’s gains. The market had added ₦1.753 trillion in capitalisation during the previous session, with the benchmark index advancing by 1.07 percent.
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