Article: Nigeria : NSE endorses N19bn issues.

Byline: babalu03

As part of efforts at further deepening the market, the Council of the Nigerian Stock Exchange (NSE) through its Quotation Committee, has approved N18.975 billion issues for four companies in the Mortgage, Chemical and Paints, Leasing and Emerging Markets Sectors.

C & I Leasing Plc got its application for Placement of N2, 240, 005,000 Unsecured Floating Rate Redeemable Convertible Loan Stock 2009/2014 approved. The company which was incorporated in 1990 and listed on The Nigerian Stock Exchange in 1997 engages in finance leases and ancillary services to companies, especially in the oil, gas and telecom sectors of the economy. The issue ...

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