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NIGERIAN EUROBONDS NOVEMBER 23, 2020: 6.75% $500M Jan 2021 – 100.782/ 2.284%,   5.625% $300M Jun 2022 – 103.387/3.438%,   6.375% $500M Jul 2023 – 106.869/3.615%, 7.625% $1.118BN Nov 2025 – 110.921/5.110%,  6.500% $1.50BN Nov 2027 – 103.390/5.903 %,   7.143% $1.25BN FEB 2030 – 103.625/ 6.611%, 8.747% $1.0BN Jan 2031 – 111.511/7.133%,   7.875% $1.50BN Feb 2032 – 106.108 /7.075%,   7.696% $1.25BN Feb 2038 – 101.809/7.505%,  7.625% $1.50BN Nov 2047 – 100.488/7.582 %,   9.248% $750M Jan 2049 – 111.602/8.186%.
Business Finance Info & Updates

Companies get November 30 deadline for earnings results

Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has granted all public companies, capital market operators and other regulated entities a one-month extension for the submission of their latest quarterly financial statement.

The apex capital market regulator stated that the extension was due to “the recent general disruption to business operations across the country and the challenges this may have posed on businesses”.

“In view of the above, the SEC hereby grants public companies, capital market operators and other regulated entities, a thirty-day grace period for the submission of their quarterly financial statements. The quarterly financial statements are now due for submission by Monday, November 30, 2020,” SEC stated.

Public companies and other regulated companies at the capital market are required to submit their quarterly financial statement not more than 30 days after the end of the relevant quarter. Most companies use the Gregorian calendar as business year, thus the financial statement for the third quarter ended September 30, 2020 was due for submission on October 30, 2020.

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