UK ELECTION RESULTS

 

Election ends in Hung Parliament

No party can win a majority in parliament as Theresa May’s Conservatives lose seats in England and Wales to Labour and the Liberal Democrats, despite seeing their vote share rise.

UK vote shareafter 649 of 650 seats

Party %
CONConservative 42.4
LABLabour 40.0
LDLiberal Democrat 7.4
SNPScottish National Party 3.0
UKIPUKIP 1.8
GRNGreen Party 1.6

UK vote share change since 2015after 649 of 650 seats

−%
+%
LABLabour
+9.5
CONConservative
+5.5
LDLiberal Democrat
-0.5
SNPScottish National Party
-1.7
GRNGreen Party
-2.1
UKIPUKIP
-10.8

UK results

after 649 of 650 seats

SORT BY:

General Election 2017 results
PARTY SEATS NET CHANGE IN SEATS+/- VOTES VOTE SHARE NET PERCENTAGE CHANGE IN SEATS+/- %
Party

Conservative

318 Net change in seats-12 Votes13,650,900 Vote Share42.4 Net change in seats+5.5
Party

Labour

261 Net change in seats+29 Votes12,858,652 Vote Share40.0 Net change in seats+9.5
Party

Scottish National Party

35 Net change in seats-21 Votes977,569 Vote Share3.0 Net change in seats-1.7
Party

Liberal Democrat

12 Net change in seats+4 Votes2,367,048 Vote Share7.4 Net change in seats-0.5
Party

Democratic Unionist Party

10 Net change in seats+2 Votes292,316 Vote Share0.9 Net change in seats+0.3
Party

Sinn Fein

7 Net change in seats+3 Votes238,915 Vote Share0.7 Net change in seats+0.2
Party

Plaid Cymru

4 Net change in seats+1 Votes164,466 Vote Share0.5 Net change in seats-0.1
Party

Green Party

1 Net change in seats0 Votes524,604 Vote Share1.6 Net change in seats-2.1
Party

UKIP

0 Net change in seats-1 Votes593,852 Vote Share1.8 Net change in seats-10.8
Party

Social Democratic & Labour Party

0 Net change in seats-3 Votes95,419 Vote Share0.3 Net change in seats0.0
Party

Ulster Unionist Party

0 Net change in seats-2 Votes83,280 Vote Share0.3 Net change in seats-0.1
Party

Alliance Party

0 Net change in seats0 Votes64,553 Vote Share0.2 Net change in seats0.0
Party

The Yorkshire Party

0 Net change in seats0 Votes20,958 Vote Share0.1 Net change in seats0.0
Party

National Health Action

0 Net change in seats0 Votes16,119 Vote Share0.1 Net change in seats0.0
Party

Christian Peoples Alliance

0 Net change in seats0 Votes5,869 Vote Share0.0 Net change in seats0.0
Party

British National Party

0 Net change in seats0 Votes4,642 Vote Share0.0 Net change in seats0.0
Party

Monster Raving Loony Party

0 Net change in seats0 Votes3,890 Vote Share0.0 Net change in seats0.0
Party

Women’s Equality Party

0 Net change in seats0 Votes3,580 Vote Share0.0 Net change in seats0.0
Party

Pirate Party

0 Net change in seats0 Votes2,321 Vote Share0.0 Net change in seats0.0
Party

English Democrats

0 Net change in seats0 Votes1,913 Vote Share0.0 Net change in seats0.0
Party

Workers Revolutionary Party

0 Net change in seats0 Votes771 Vote Share0.0 Net change in seats0.0
Party

Social Democratic Party

0 Net change in seats0 Votes469 Vote Share0.0 Net change in seats0.0
Party

Others

1 Net change in seats0 Votes186,135 Vote Share0.6 Net change in seats+0.3

Turnout and Electorate

Turnout

68.7%

Electorate

46,843,896

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Stanbic IBTC renews its NGN100 billion Multicurrency Commercial Paper Programme with FMDQ

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC and a member of the Standard Bank Group, has received approval from the FMDQ OTC PLC for the renewal of its shelf registration of N100 Billion Multicurrency Commercial Paper (CP) Programme. The renewal of the Programme, initially established in 2012 in compliance with the Central Bank of Nigeria (CBN) guidelines for CP issuance, clearly demonstrates Stanbic IBTC Bank’s commitment to actively contributing towards development of the financial and capital markets in Nigeria. 

Only recently, Stanbic IBTC Holdings obtained approval from the FMDQ to register its debut N20 billion CP Programme. Consequently, Stanbic IBTC Holdings has the distinct advantage of accessing the CP market for bespoke funding needs in a timely fashion, as and when favourable market conditions arise. 

Chief Executive, Stanbic IBTC Bank PLC, Dr. Demola Sogunle, said that the renewal of the N100 Billion Multicurrency Commercial paper is in line with the bank’s strategic drive to promote alternative capital sources including debt financing.  

Pursuant to these approvals, both Programmes shall be included on the Quotations List of the FMDQ, and all relevant information on the CP Programme uploaded to the FMDQ website. Stanbic IBTC Bank intends to resume regular issuance under its CP Programme imminently, as part of the bank’s overall assets and liabilities management strategy. Notes issued under the Programme shall also be updated to the Quotations page of the FMDQ website after which they will be admitted to, and eligible for trading on, the platform. In contrast, Stanbic IBTC Holdings is not immediately contemplating a transaction.  

Stanbic IBTC Bank and other members of the Stanbic IBTC Holdings PLC group of companies have had a longstanding history of partnership and promotion of capital markets development with the FMDQ. Stanbic IBTC Bank is one of the 24 Commercial and Merchant Banks who are part owners and stakeholders of the FMDQ. The Bank joined the platform in 2011 and has been an active partner since. Stanbic IBTC Bank was the first issuer to register a CP Programme and quote CP notes on the FMDQ platform in 2014. The Stanbic IBTC Bank CP Programme is also notable for being the first and only CP Programme to have been renewed on the FMDQ platform.  

As a leading, and credible self-regulatory organization and securities exchange in Nigeria, FMDQ is recognised for its role in promoting development of the Nigerian capital markets, and deepening secondary market liquidity, thus bringing Nigeria closer in alignment with international best practice. FMDQ is also well known for upholding the highest standards of integrity in the markets under its purview. 

Stanbic IBTC Bank PLC, is a subsidiary of Stanbic IBTC Holdings PLC, a full service financial services group with a clear focus on three main business pillars – Corporate and Investment Banking, Personal and Business Banking and Wealth Management. Standard Bank Group, to which Stanbic IBTC Holdings belongs, is rooted in Africa with strategic representation in 20 key sub-Saharan countries and other emerging markets. Standard Bank has been in operation for over 154 years and is focused on building first-class on-the-ground financial institutions in chosen countries in Africa, and connecting selected emerging markets to Africa by applying sector expertise, particularly in natural resources, power and infrastructure.

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THE FGN SAVINGS BOND-JUNE 2017 OFFER

The Debt Management Office (DMO) on behalf of Federal Government of Nigeria offers 2-Years and 3-Years FGN Savings Bond due on  June 14, 2019 and 2020 at 13.189% and 14.189% respectively.

The Offer closes on Friday 9th June, 2017.

Here are the summary of the offer:

   Coupon: (2 Years) 13.189%
    Coupon: (3 Years) 14.189%
    Opening Date: June 5, 2017
Closing Date:   June 9, 2017

 ISSUER: Federal Government of Nigeria (“FGN”)

UNITS OF SALE: N1,000 per unit subject to a minimum subscription of N5,000 and in multiples of N1,000 thereafter, subject to a maximum subscription of N50,000,000.

INTEREST PAYMENT: Payable Quarterly

REDEMPTION: Bullet repayment on the maturity date

S/N Subject Features
1 Investment type Fixed income investment – Capital and Interest are guaranteed if held to maturity.
2 Interest Rate (Coupon) Coupon is 13.189% (2-year) & 14.189% (3-Year). Interest payments are tax exempt.
3. Liquidity Clients can easily buy or sell in the secondary market.
4. Maturity June 14, 2019 & June 14, 2020
5 Tenors 2 & 3 years
6 Coupon/Interest Payment It is paid quarterly. Principal will be paid at maturity together with the last coupon (interest payment).
7 Transfer and Custody Agent Central Securities Clearing System (CSCS)
8 Settlement Date Transaction day plus three days (T+3).
9 Settlement It will be credited to Bond’s holder CSCS account.
10 Subscription Amount Minimum of N5,000 plus multiples of N1,000 and maximum of N50,000,000
11 Subscription Tenor The offer shall be open to investors for 5 days including the day the offer is announced and the date of closure
12 Modality of subscription Investors are to subscribe through stock broking firms accredited by the DMO to act as Distribution Agents (Cordros Capital is one of the DMO accredited stock broking firms) by filling the form in the above link and sending it back.
13 Auction and Frequency of Issuance The offer will open on the 5th of June and close on June 09, 2017. Settlement date is June 14, 2017
14 Offer Size DMO determines this at every auction.
15 Listing The FGN Savings Bond will be listed and tradable on the Nigerian Stock Exchange (NSE).

Investing Procedure
·    Print and fill the portions of the FGN Savings Bond application form relevant to you.

·   Ensure you have a CSCS Account Number in a Stock broking Firm and a bank account with valid BVN.

BENEFITS OF FGNSB:

It is a means of diversifying your portfolio
It offers capital preservation to bondholders
Interest income from investment are tax free
The investment can be used as collateral for loan
It offers better returns than interest on saving account
Steady source of income as coupon will be paid quarterly
Coupon can be reinvested to increase holdings and yield to maturity

You can subscribe to this offer through us at:

PLEASE MAKE PAYMENTS TO:

TRW STOCKBROKERS LTD

FBN ACCT NO 2008-040-747

BROAD STREET BRANCH

Kindly send your payment information and the form to: thekingsltd@gmail.com

 

Download the FGN Savings bond below:

New-FGNSB-Subscription

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