Market

Lagos transferred N137 billion worth of NGX bonds.

The Lagos State government has listed a N137, 328,000,000  series IV bond on the Nigerian Stock Exchange. This was revealed in a notice by the exchange in its weekly report of activities on the market. NGX said that the bond is a 10-Year 13.00 per cent fixed rate unsecured bond that is due 2031 under the N500bn debt issuance programme.. The bond was listed on Friday. The bond was issued at 100…
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