Domestic bonds

Emzor Pharmaceuticals enters capital markets for the first time and lists N13.7 billion bonds on NGX

by on April 22, 2021 0

The wholly-owned indigenous pharmaceutical manufacturing group, Emzor Pharmaceutical Industries Limited, has listed its 5-year N13.7 billion Series 1 bonds exclusively on the “NGX” platform of the Nigerian Stock Exchange. Information contained in a declaration published on NGX’s website revealed that the N13.7 billion Series 1 5-year unsecured senior fixed rate bond, due by 2026,...

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Mining stocks herald better days for gold

by on April 22, 2021 0

Text size Jason Bennee / Dreamstime Overshadowed by the wild swings in Bitcoin and other cryptocurrencies, the original counterpoint to paper money – gold – has quietly seen an ascent this month. Even more than the metal, gold miners’ stocks rebounded and gained relative strength against the broader stock market. Gold mining stocks tend...

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