STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! NSE SET TO LAUNCH TRADING PLATFORM FOR MUTUAL FUNDS The Nigerian Stock Exchange (NSE) in conjunction with the Fund Managers Association of Nigeria (FMAN), the Central Securities Clearing Systems (CSCS) and the Association of Stockholding, Nigeria (ASHON) is set to launch a new trading platform for collective investment schemes (CIS), otherwise known […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! NSE SUFFERS ALL SHARE DECREASE ON THE LAST TRADING DAY IN JANUARY 2019 The Nigerian Stock Exchange fell sharply in the last trading session for the month of January, as the Exchange’s All Share decreased by 588 points or 1.89% to 30557 on Thursday, January 31 from 31145 in the previous […]
Be like Chioma…
Be like Chioma… Chioma’s last vacation was particularly interesting because she had enough cash for shopping and visited the places she had imagined. From January 2018, she started to save a minimum of N10,000.00 every month from her salary. She ensured that a Standing Order was placed on her account for this purpose while she […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! FG DEPLOYS PROCEEDS OF SECOND SOVEREIGN SUKUK IJARAH ISSUANCE At a brief ceremony in Abuja on Thursday 10th January 2019, the Minister for Finance, Mrs. Zainab Ahmed, formally handed over the N100 billion generated from the Sukuk Ijarah issued by the Federal Government in December 2018. During the ceremony which was […]
STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP
While you were away! FGN TO AUCTION THE RE-OPENING OF N70,000,000,000 EXISTING BONDS IN DECEMBER 2018 The Debt Management Office (DMO) has published in a circular dated Wednesday 12th December 2017 that The Federal Government of Nigeria (FGN) shall on 19th December 2018 offer for subscription by auction, a 5, 7 and 10 years […]
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 […]