By Modupe Gbadeyanka
The first diaspora bond sold by Nigeria recently was on Thursday, June 29, 2017, listed on the London Stock Exchange (LSE).
“We are delighted to welcome Nigeria’s third capital raising this year on London Stock Exchange,” Head of Middle East, Africa and South Asia, International Markets Unit at the LSE, Mr Ibukun Adebayo, said on the development.
“The innovative structure of the bond allows, for the first time, retail investors to participate in the financing of infrastructure projects as part of the development of Nigeria’s economy,” he added.
“The successful listing reinforces London Stock Exchange’s position as a strong partner for Nigeria and as a leading global venue for raising debt finance,” Mr Adebayo said.
This month, the Federal Government, through the Debt Management Office (DMO), raised $300 million from the exercise targeted Nigerians abroad who which to contribute to the development of the West Africa’s biggest economy.
Proceeds from the five-year, 5.625 percent bond would be used to fund infrastructure projects in the country.
The bond was oversubscribed by investors by about 130 percent, further affirming confidence in the Nigerian economy despite its present economic downturn.
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HERE ARE FEW LISTED PRODUCTS/ITEMS
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=Colony 4month each——– #25,000.
=Colony Pregnant ones———#35,500
=Colony Point of birth————-#60,000
=LOCAL RICE/FOREIGN RICE.
=Local Rice(ofada)——#4,800
=Foreign Rice———–#7,500.
=PALM OIL 25LITER——–#6,500
=CHARCOAL———–650 per bag
= EGGS, BIG SIZE IS #700 with plastic crate but with carton crate is #650.
=MEDIUM SIZE IS #600 with plastic crate but with carton crate is #550.
=SMALL SIZE IS #400 with plastic crate but with carton crate is #350.
=PIG FOREIGN AND LOCAL. PREGNANT ONES ARE ALSO AVAILABLE.
=GOATS, RAMS, SHEEP, CHARCOAL, PALM =OIL,CORN(MAIZE), SNAILS, RABBITS, GRASS-CUTTERS,
=DAY OLD BOILERS #120
=DAY OLD LAYER #180
=DAY OLD LOCAL TURKEY #250
=DAY OLD FOREIGN TURKEY #450.
=CAT FISH TABLE SIZE #800
=FINGERLINGS #10
=JUVENILES #30
=POST JUVENILES #50
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CONTACT US ON +2349064932891.
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