MTN Nigeria Communications Plc announces N100 billion commercial paper issuance
MTN Nigeria notified the public of it proposed Commercial Paper Issuance under its N100 billion Commercial Paper

MTN Nigeria Communications Plc has notified the public of it’s proposed Commercial Paper Issuance (series 1 & 2 commercial paper issuance N50billion each) under its N100 billion Commercial Paper (“CP”) Issuance Programme.

The proceeds from the CP issuance will be used to support MTN Nigeria’s working capital and general corporate purposes. This issuance under the CP Programme represents MTN Nigeria’s debut in the domestic debt capital market.

UBA ADS
Highlights of the report are as follows:

Arranger: Chapel Hill Denham Advisory Limited

Minimum subscription: N5 million

GTBank 728 x 90
Issuance size: N100 billion (series 1 & 2 commercial paper issuance N50billion each)

Tax consideration: Free and clear of withholding Taxes



MTNN is the leading telecommunications operator in the largest telecoms market in Africa. The company is the largest mobile operator and undisputed market leader in Nigeria, as measured by total mobile subscribers (c. 70 million), active data users (c. 26.8 million), revenue (almost 50% of industry), and profit pool.









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ahiboilandgas:
if Nigeria was so bad as u thinks ...what are u doing In a Nigeria treasury bills investment thread ....why not american investment treasury bills thread ?...u abuse a country as a shit hole but invest the the financials instrutments of the shit hole that spycophancy.......burundi is a dead country so even if there tb is 70 percents i cant invest a cent there

Well said buddy .. u said it all ...I have seen it all .. God bless Naija .. I said it before several yrs ago on Nairaland .. I won’t bad mouth country wey one way or the other I Dey get blessings from

I met an American consular Officer at a mall that has worked in Kenya , and Nigerian.. He kept on talking about his love for Naija .. He said he felt sad after his tenure that he didn’t wanna come back to the states after many years of service..Am sure they may be more foreigners like that

There are some good opportunities abroad if u are there tap into it .. Same there are many opportunities in Naija as well , if you open ur eyes very well u can tap into it as well
Every country with I’m own palaver o !!

Mcy56:

Not getting tired at all.
It would stop till it first arrive KM 7

I think so uba doing good for now ..Until seller finish with Access.@ 6.65 ..it may not move

Monday /tues closed .. I think there maybe profit taking today .. watching

[quote author=yom2 post=89810315] making profit after making terrible losses. Imagine interbreweries from 60 naira to below 10naira. Fbnh from 13naira 4 naira etc[/quote


Longterm or shorterm sir.. if u are always present on this forum . You do our homework very well you can Neva go wrong with all the stocks in ur portf .. Once in a while u can lose some funds but if you are patience you will gain it back either in another stocks if u no Dey greedy .. I do not know ur strategy sir .. My Oga’s always say the right stocks to roll with here ..Unless person wan do I too know .
Well it’s all good bro !!
For longterm.. There is always a stop loss

Harvestock01:


Many stocks have rewarded investors with 40% plus return this year and still counting. May be when I join government or join politicians at the dining table I can start to carry the load of world on my head but for now, I am okay just carrying Rabid Oracle's portmanteau.

Apologies for stepping out of line Sirs and Ma'amses

Jan /feb , Then /April /May 2020 ..if am right ..even with the unfriendly gov pple dey shout ..some re still making profit for Nse

Harvestock01:


Is this possible under a "terrible government of the north"?

Investors will go anywhere as long as they see what most citizens of that country no see .. ..have u not heard of pple making money in sudan , afgan etc

I was talking to a ghanian friend he told me he is tried of the job he does in obodo oyibo ...He started complaining of his country not seeing any good thing out there ..meanwhile I rem there was time on the tbills forum on nairaland , Tbills investors that re Nigerians on the forum were trying /desperate to invest in gh tbill @ 16% there about ,while naija own was down to like 4 % ..The only probs was that they will need resident permit as a foreigner .

I just shook head ,, and said it will be hard to convince pple like this to invest ...make I leave am with his whinning

Mcy56:

Lazy thing....

Lancee, e be like say UBA heard what we said here ......6.70 now.....let's see the game has changed btw the two .....

My thoughts as well ..Lets see if the deep pocket/MM go bail access out b4 closing

Mcy56:

Honestly......very lazy elephant. At least it shouldn't be trading below 5.50 by now

To get 1naira from fbnh you to wait taya ..lazy thing ..4.40 to 5.50 since the thin no reach

Mcy56:

Fear don grip UBA

What is suppressing Fbnh now? Just tire for this stock. Maybe its waiting for a challenge from tier two bank before waking up.

..maybe fidelity .Elpahant has been a lazy stock since the days of NPL ..she supposed dey 6.50 region by now pressuring uba

Mcy56:
I brought the bull back.....let the upward swing continue. Abeg make Una no mind me o......

Lancee, UBA finally traded above Access Xtyday 6.65 to 6.55.......
Can UBA sustain this? Will Access concede? I doubt, but we see how it turns out....

Well I don't think Access go greeo ...lets keep watching ..seems to be suppressing uba's moving ffwd

Anything is possible for NSE , even if for a short period

I only have smallest units of Access ..More uba

RabbiDoracle:


Bull wey never baff not to talk of chop breakfast. Market never begin move sef.

Jay Powell is promising more liquidity.

They must continue printing ...we go get our own share

Looking for other stocks to buy again for profit ..no see for now with all theses prices ..I for dey look now if had been 100 % cash is king

NSE !!

Mcy56:
Aiico : about to touch N1....
Zee arrived KM 16.......

Zee don change pattern ,,16+ for now

Jejebabaa:

Hahahhahaha, boss I have disabled my sell button for now till Oracle start making the Sell alert.

We dey wait 7 first then we see how far it will go

emmanuelewumi:



If you are lucky to get a start up capital to establish a small school or Invest in the stock market.

There is an 80% probability for an informed Investor to do better than the investor who invested in a capital intensive school business

Well said !

leo1234:


Seriously market is not been fair on UBA.
UBA should be trading above 8 naira by now.

U right sir

Mcy56:

Na so. Doing close marking and at par now. Let's see if it will have the gut to pass Access....

We watching .. Na the work of big investors....Jejebabsy u dey see for there on uba

mcy56 ..see uba don catch up with access for now

Mcy56:

Lol. I just gentle ni.
The range is relatively stable and it's a bit better cos there are records of quite a number of greens; no panic or massive dumping.

Lance, did you see Zenith? Still closed a bit higher (15.50) despite the ranging and offers.....na so e go waka slowly reach 16 and keep moving, barring any unforeseen situation again.

Yes I saw it mcy56 ..see the funny pattern the thing dey use waka small small ..till its get to 16..no wicked dumpers for now ..brent looking good as well

Intresting week ..watching

Mcy56:

Yes. Following the pattern but they ended up closing higher..........too much unwillingness to sell lower despite higher offers than bids.......

UBA finally equalised with Access. Both closed at 6.25. Will it overtake? We wait and see cos this is long overdue....

Exactly !!

Sis Mcy56 ...Hope u re following the pattern of zee and gt .bid and offers . ..I think people re trying to buy but the cheap prices are not coming even with more offers on ground.. what do u think mcy ..... Oga mi R onifa mentioned that earlier

Unless there is a massive dumping ..we see how next week gonna look like

dipoolowoo:
CBN Increases Treasury Bills Stop Rates at PMA
https://businesspost.ng/economy/cbn-increases-treasury-bills-stop-rates-at-pma/

More rates will be good

RabbiDoracle:


Banks suppose don begin move.

If you noticed, they are all reading within a narrow band. They seem to be gathering energy.

Today there seem to be unwillingness to sell sef. This could be seen in the volumes transacted.

May and June should see a rise, IMO.

I did notice that as well ..A rise what we re waiting for

Princkez:
any info on FBNH unbundling of their insurance company....what will be the faith of shareholders...will they receive special devidend from the insurance sales??

Hmm ..i don't think ther is any info yet ..maybe some pple may know about it ..sis mcy56 any info

Mcy56:

Okay.
It's back to 4.80 now self.

Yeah ..hopefully it will move one day
Think some pple re trying to frustrate sellers to sell @ cheaper prices
Bid dey strong for now

Mcy56:

Okay. Maybe you should still observe it the more. Seems some forces just kept keeping the price down for whatever reasons they have.
The upward movement may just take people unaware. Lots of huge transactions exchanging hands.
Also, market has been somehow these few days generally, prices not willing to move up or down. We keep observing anyway.

Bought @ 4.75 few mins ago ..will continue to observe if i need to buy more

Mcy56:

Thought you're still in Fbnh. Did you sell it before or you want to buy more?

Sold half @ 4.90 sis .. breakeven cost @ 4.30 ...I wan top up make the thing no go run away later for my korokoro eyes

rebekah2011:
I have been looking at the market in the last 3 trading days. It has been difficult to pick my targets. Dangote Cement at N130, MTN at N108, Africa Prudential at N3.50, Ucap at N2.25, and Zenith below N14

Same here ..Hard to buy GT @ 20 ish, ,, Zee @ 14 ..Shed some weight @ 21.95 and zee @ 15.85 But oga mi R -onifaa said prices are not going back to those old awuff prices anymore

*Watching *

Make I quickly go join fbnh back to meet my sister mercy56

[quote author=Mcy56 post=89285931]
No need. Just hold the mic.
Just reading comments today, don't feel like commenting, only coincide with market pullback.
....green may resume tomorrow, bull doesn't seems to be tired yet. Banking stocks witnessing pullback mostly.
GTB already reversing up...
Nestle up by 25, dangcem up by 6.2, etc.





1hr left ..ok you will continue tomorrow ..make u rest today

Be like say mkt don dey returns ..after the deep pockets don throw pple up and down

Sis mcy56 where u @ ..let me handover the mic to back to you ..where u able to bail out on any or u just dey chille for normalcy