Newsletter

Trustees Protect The Interests of The Bondholders
TRUSTEES PROTECT THE INTERESTS OF THE BONDHOLDERS, SAYS AKIN ONI

The role of “Corporate Trustees’ in capital market debt issuances is primarily hinged upon investor protection while not jeopardizing the interests of the Issuer.” STL Trustees Head of Trust Services, [...]

STL TRUSTEES WINS DOUBLE RECOGNITION AT THE 2021 INSTINCTBUSINESS FINANCE INNOVATION AWARDS (IBFIA)

STL Trustees has been recognized as “Africa Trustee Company of the Year” in this year’s edition of InstinctBusiness Finance Innovation Awards (IBFIA) which was held recently in Accra, Ghana. The [...]

STL WINS TRUSTEE OF THE YEAR AT BAFI AWARDS 2020

STL Trustees has once again been recognized as the Trustee of the year at this year’s BusinessDay Banks and other Financial Institutions (BAFI) Awards held recently at Intercontinental Hotels, Lagos. [...]

STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP

While you were away! CROWD FUNDING TO BE REGULATED IN NIGERIA AS SEC REVEALS THAT REGULATIONS ARE UNDERWAY The Securities and Exchange Commission (SEC), has said that the commission is [...]

STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP

While you were away! MARKET MASTERPLAN TARGETS 100 INITIATIVES TO ADVANCE NIGERIA’S CAPITAL MARKET -SEC The Acting Director-General of the Securities and Exchange Commission (SEC) , Ms Mary Uduk has [...]

STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP

While you were away! SEC COMMENCES CROSS-REFERENCE CHECKLIST REVIEW OF BOND/FIXED INCOME APPLICATIONS The Securities and Exchange Commission (SEC) has announced that it has commenced the Cross-Reference Checklist Review of [...]

STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP

While you were away! SEC WARNS AGAINST LATEST PONZI SCHEME LOOM NIGERIA At a recent joint press conference in Abuja with the Federal Minister of Finance, Mary Uduk, the Acting Director [...]

STL TRUSTEES CAPITAL MARKET & MONEY MARKET NEWS RECAP

While you were away! JOINT TRUSTEES ON THE MUNICIPALITY WASTE MANAGEMENT CONTRACTORS LIMITED (MWMCL) MEDIUM TERM NOTE RELEASE STATEMENT AMIDST MARKET SPECULATIONS ON THE STATUS OF THE TRANSACTION Amidst speculations [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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, [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

STL Trustees Capital Market & Money Market News Recap

While you were away! FITCH RATES NIGERIA’S $2.5BN EUROBONDS ‘B+’ Fitch Ratings on Wednesday 15th November 2017 assigned a ‘B+(EXP)’ rating to Nigeria’s upcoming $2.5 billion Eurobond. In a statement [...]

STL Trustees Capital Market & Money Market News Recap

While you were away!   SEC LAUNCHES CAPITAL MARKET DEVELOPMENT FUND The Securities and Exchange Commission (SEC) on Monday 30th October, 2017 launched the Nigerian Capital Market Development Fund (NCMDF), [...]

STL Trustees Capital Market & Money Market News Recap

While you were away!   SEC LAUNCHES CAPITAL MARKET DEVELOPMENT FUND The Securities and Exchange Commission (SEC) on Monday 30th October 2017 launched the Nigerian Capital Market Development Fund (NCMDF), [...]

STL Trustees Capital Market & Money Market News Recap

   While you were away! TELECOMS CONTRIBUTION TO GDP UP 6.7% IN Q2 The contributions of the telecoms sector to Nigeria’s Gross Domestic Product (GDP) according to the National Bureau [...]

STL Trustees Capital Market & Money Market News Recap

While you were away!  FGN COMMENCES ROAD SHOW FOR N100 BILLION ISLAMIC BOND ISSUANCE The Federal Government on Thursday, September 7th, 2017, commenced activities preparatory to the issuance of N100bn [...]

STL Trustees Capital Market & Money Market News Recap

While you were away! FMDQ LAUNCHES INVESTOR PROTECTION FUND FMDQ OTC Securities Exchange has launched an Investor Protection Fund (IPF), to boost and sustain investors’ confidence in the Nigerian capital [...]

STL Trustees Capital Market & Money Market News Recap

While you were away!   FGN SAVINGS BOND ALLOTMENT DROPS TO N607.3 MILLION The Debt Management Office (DMO), on Wednesday 12th July, 2017 raised N106 billion through the Federal Government [...]

STL Trustees Capital Market & Money Market News Recap

While you were away! FGN SET TO ISSUE FIRST SOVEREIGN SUKUK THIS JUNE The Debt Management Office (DMO) on Tuesday 14th June 2017 announced that the Federal Government of Nigeria [...]

STL Trustees Capital Market & Money Market News Recap

While you were away!   NIGERIA REMAINS IN RECESSION AS NBS REPORTS 5TH CONSECUTIVE NEGATIVE QUARTERLY GDP The National Bureau of Statistics (NBS) has revealed that Nigeria recorded a 2017 [...]