Saturday , May 18 2024

BUSINESS

Dangote Cement Gets AA+ ratings

Dangote Cement Gets AA+ ratings

Sequel to the completion of the first tranche of its share buy-back program, the Global Credit Ratings (GCR) rating agency has affirmed the long-term issuer rating of AA+(NG) to Dangote Cement plc. GCR has affirmed the AA+ (NG) national scale long-term Issue rating for Dangote Cement Plc’s existing Senior Unsecured …

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Dangote Cement Completes First Set Of Share Buy Back

Dangote Cement Completes First Set Of Share Buy Back

Dangote Cement has completed the first tranche of its share buy back programme. The share buy back programme was announced early July. In a corporate notice filed on the Nigerian Exchange Limited on Thursday, Dangote Cement said the first tranche commenced on Monday and was completed on Tuesday via the …

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FBN Holdings to Raise Fresh Capital

FBN Holdings to Raise Fresh Capital

Financial services, FBN Holdings Plc, has said it will raise fresh capital subject to the approval of shareholders at the group’s annual general meeting scheduled for next month. This was contained in the group’s notice of its 11th annual general meeting issued to shareholders. According to the notice, FBN planned …

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