Invest in FGN Monthly Bond Auction – December 2018

By DMO,

The Central Bank of Nigeria on the authority of The Debt Management Office on behalf of the Federal Government Of Nigeria Offers for Subscription by Auction and is authorized to receive applications for

N35,000,000,000 – 12.75% FGN APR 2023 (5-Year Re-opening)*

N35,000,000,000 – 13.53% FGN MAR 2025 (7-Year Re-opening)*

N45,000,000,000 – 13.98% FGN FEB 2028 (10-Year Re-opening)*

Auction Date: December 19, 2018

Settlement Date: December 21, 2018

SUMMARY OF THE OFFER

ISSUER:

Federal Government of Nigeria (“FGN”)

UNITS OF SALE:

N1,000 per unit subject to a minimum subscription of N1MLN and in multiples of N1,000 thereafter

INTEREST RATE:

For Re-openings of previously issued bonds, (where the coupon is already set), successful bidders will pay a price corresponding to the yield-to-maturity bid that clears the volume being auctioned, plus accrued interest from the original issue date.

INTEREST PAYMENT:

Payable semi-annually

REDEMPTION:

Bullet repayment on the maturity date

STATUS:

1. Qualifies as securities in which trustees can invest under the Trustee Investment Act

2. Qualifies as Government securities within the meaning of Company Income Tax Act (“CITA”) and Personal Income Tax Act (“PITA”) for Tax Exemption for Pension Funds amongst other investors

3. Listed on the Nigerian Stock Exchange

4. All FGN Bonds qualify as liquid assets for liquidity ratio calculation for banks

SECURITY:

FGN Bonds are backed by the full faith and credit of the Federal Government of Nigeria and are charged upon the general assets of Nigeria

* (1) The DMO reserves the right to alter the amount allotted in response to market conditions.

* (2) Retail & Institutional Investors are encouraged to participate.

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Should you require further information on how to get the best (and higher) coupon for Your FGN bonds purchase, please contact directly Ekwueme Mike Anyadibe – Head Fixed Income Sales (080 6656 4748 and/or e-mail: ekwueme.anyadibe@trw-stockbrokers.com and/or live during trading hours via skype #ID: respartner).

N.B: Invest in FGN S-bonds only for savings purposes, please do not speculate with them!

Thank you…

TRW BOND TEAM – TRW Stockbrokers Limited,

Corporate Office: 62/64 Campbell Street (Kajola House)
4th Floor Lagos Island Lagos .
234-1-7646689,234-1-2710224-5
Email: info@trw-stockbrokers.com; ekwueme.anyadibe@trw-stockbrokers.com
website: http://www.trw-stockbrokers.com

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Invest in Ijarah (Lease) Sukuk Bond Auction of N100bln FGN Roads Sukuk Company 1 Plc @ Rental Rate of 15.743% p.a

By DMO,

The Central Bank of Nigeria on the authority of The Debt Management Office on behalf of the Federal Government Of Nigeria Offers for Subscription by Auction and is authorized to receive applications for

N100,000,000,000 – 15.743% FGN RSC1 2025 (7-Year Opening)

Auction Opening Date: December 6, 2018

Auction Closing Date: December 17, 2018

Settlement Date: December 28, 2018

 

SUMMARY OF THE OFFER

BOND TYPE: IJARAH (LEASE) SUKUK

ISSUER: FGN Roads Sukuk Company 1 Plc on behalf of the Federal Government of Nigeria (“FGN”)

UNITS OF SALE: N1,000 per unit subject to a minimum subscription of N1MLN and in multiples of N1,000 thereafter

RENTAL RATE: 15.743% p.a

RENTAL PAYMENT: Payable semi-annually

REDEMPTION: Bullet repayment on the maturity date

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Sovereign Sukuk Offer for Subscription

All You Need to Know About the Second FGN Sukuk

Sovereign Sukuk Subscription Form

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Should you require further information on how to get the best (and higher) coupon for Your FGN bonds purchase, please contact directly Ekwueme Mike Anyadibe – Head Fixed Income Sales (080 6656 4748 and/or e-mail: ekwueme.anyadibe@trw-stockbrokers.com and/or live during trading hours via skype #ID: respartner).

Thank you…

TRW BOND TEAM – TRW Stockbrokers Limited,

Corporate Office: 62/64 Campbell Street (Kajola House)
4th Floor Lagos Island Lagos .
234-1-7646689,234-1-2710224-5
Email: info@trw-stockbrokers.com; ekwueme.anyadibe@trw-stockbrokers.com
website: http://www.trw-stockbrokers.com

 

SKYWAY AVIATION HANDLING COMPANY PLC (SAHCO): INITIAL PUBLIC OFFERING

By NGSE Media,

Skyway Aviation Handling Company Plc: Initial Public Offering by way of an Offer for Sale of 406,074,000 Ordinary Shares

Dealing Members are hereby notified that Skyway Aviation Handling Company Plc’s Initial Public Offering by way of an Offer for sale of 406,074,000 ordinary shares of 50 kobo each at N4.65 per share will be opened for subscription as shown below:

Offer opens: Monday, 12 November 2018

Offer Closes: Wednesday, 19 December 2018

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Dear Esteemed Client,

This is to notify you that SKYWAY AVIATION HANDLING COMPANY PLC (SAHCO) Initial Public Offer (‘IPO’) is open.

INITIAL PUBLIC OFFERING of 406,074,000 Ordinary shares of 50 kobo each at N4.65 per share

Payment terms: Payable in full on Application

Min. Application: Minimum of 500 ordinary shares and multiples of 100 ordinary shares thereafter

Eligibility: Only Nigerian citizens are entitled to apply for and be allotted shares under this Offer in accordance with the provisions of the SSPA and Public Enterprises (Privatization and Commercialization) Act Cap. P38 LFN 2004.

Application Opens: Monday, 12th November, 2018
Application Closes: Wednesday, 19th November, 2018

Below are the following documents for your review.
1.Proposed_SAHCO_IPO_FullProspectus: Proposed_SAHCO_IPO_FullProspectus_PrintVersion

2.Proposed_SAHCO_IPO_AbridgedProspectus: Proposed_SAHCO_IPO_AbridgedProspectus_PrintVersion

3. Application Form: SAHCO_IPO_Application_form_Print_Version

Please use any of TRW Stockbrokers Limited bank accounts as the settlement account with respect to the offer. If you have any further enquiries, kindly email info@trw-stockbrokers.com – we look forward to your participation in this issue.

Thank you.

TRW Stockbrokers Limited,

Corporate Office: 62/64 Campbell Street (Kajola House)
4th Floor Lagos Island Lagos .
234-1-7646689,234-1-2710224-5
Email: info@trw-stockbrokers.com;
website: http://www.trw-stockbrokers.com

Afrinvest Weekly Market Update dd. 14/12/2018

Weekly Market Report for the Week Ended 14-12-2018

NGSE Migrates REITs and Closed End Funds From The Main Board to a Separate Board…..

By NGSE Media,

The Nigerian Stock Exchange “the Exchange” or “NGSE” today announced the migration of REITs and Closed End Funds (CEFs) to a separate board under Equities, effective December 17, 2018.

This follows an earlier notification made by The Exchange on a restructuring of the framework regarding the trading of Real Estate Investment Trusts (REITs) and Closed End Funds listed on its platform.

The migration of this asset class is aimed at promoting visibility and liquidity of listed REITs and CEFs in our market.

The Exchange remains committed to partnering with its issuers, investors and other capital market stakeholders, in providing a multi-asset platform that caters to different classes of investors.

Zedcrest Capital – Daily FMDQ Bond Market Report 14th December 2018…

DAILY-MARKET-REPORT-14th-of-December-2018

FMDQ-DQL-_-Dec-14-2018

NGSE STOCK MARKET REPORT FOR DECEMBER 14TH 2018

Weekly Market Report for the Week Ended 14-12-2018

NSE PRICELIST FOR DEC 14 2018

TRW_STOCKBROKERS_stxpricemove_d_all-2018-12-14-14_42_27.402Download

FULL SUSPENSION ON THE ORDINARY SHARES OF C&I LEASING….

By NGSE Media,

Full Suspension on the Ordinary Shares of C & I Leasing Plc

Further to our market bulletin ref NSE/RD/LRD/MB3/18/12/11, notifying Dealing Members of the proposed share consolidation of C & I Leasing Plc (C & I Leasing or the Company) on the basis of four (4) ordinary shares to one (1) new ordinary share of 50kobo each, please be informed that shares of C & I Leasing was suspended from trading on The Floor of The Exchange effective today, Thursday, 13 December 2018.

This is to enable the Company’s Registrars to update the register of shareholders for the planned share consolidation.

Headline Inflation Increases By 11.28% YoY in November 2018; 0.02% Higher Than October 2018 Rate…

By NBS,

The consumer price index, (CPI) which measures inflation increased by 11.28 percent (year-on-year) in November 2018. This is 0.02 percent points higher than the rate recorded in October 2018 (11.26) percent.

Increases were recorded in all COICOP divisions that yielded the Headline index. On month-on-month basis, the Headline index increased by 0.80 percent in November 2018, up by 0.006 percent points from the rate recorded in October 2018 (0.74) percent.

The percentage change in the average composite CPI for the twelve months period ending November 2018 over the average of the CPI for the previous twelve months period was 12.41 percent, showing 0.37 percent point decline from 12.78 percent recorded in October 2018.

The urban inflation rate increased by 11.61 percent (year-on-year) in November 2018 from 11.64 percent recorded in October 2018, while the rural inflation rate increased by 10.99 percent in November 2018 from 10.93 percent in October 2018. On a month-on-month basis, the urban index rose by 0.83 percent in November 2018, up by 0.07 from 0.76 percent recorded in October 2018, while the rural index also rose by 0.78 percent in November 2018, down by 0.06 percent from the rate recorded in October 2018 (0.72) percent.

The corresponding twelve-month year-on-year average percentage change for the urban index was 12.83 percent in November 2018. This is less than 13.21 percent reported in October 2018, while the corresponding rural inflation rate in November 2018 was 12.05 percent compared to 12.42 percent recorded in October 2018.

CPI_REPORT_NOV_2018