Day: September 7, 2022

MTN Nigeria Announces Issuance Of $54.2m Commercial Paper

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MTN Nigeria Communications Plc has announced a proposed issuance of N23 billion ($54.2 million) in the Nigerian capital market. A disclosure by the telco, seen by newsfieldglobal, said the Series 3 commercial notes are part of MTN Nigeria N150 billion ($353.7 million) commercial issuance programme. The disclosure by MTN Nigeria did not say when exactly the notes would be issued or their tenor. But it did mention that funds realised from the proposed issuance would go towards bolstering working capital. “The issuance is part of the company’s strategy to diversify…

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Two Homeless Fulanis Arrested With Pistol

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Operatives of the Rivers State Police Command have arrested two suspects of Fulani extraction, Isah Mohammed, 20, and Inuwa Ibrahim 20, both of no fixed addresses, who fled on sighting the Police around PAMO University of Medicine in Oyigbo LGA. According to the Commissioner of Police, Friday Eboka, “upon search, one locally made revolver pistol was recovered from them.  “Also recovered was a Toyota Corolla saloon car with registration No. Bayelsa, NEM 881 GK, where it was abandoned by hoodlums who fled on sighting the team. “Investigation is ongoing with…

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