In a major test of international appetite for Nigerian corporate debt, Dangote Fertiliser Limited has successfully priced its debut $750 million 5-year Eurobond at...
Nigeria’s largest listed conglomerates and industrial giants have executed a massive balance sheet cleanup, reducing their combined debt profile by 21.5% to ₦8.73 trillion...
African sovereign dollar bonds extended their recovery as global investors pivoted toward the continent’s oil-producing nations as a strategic hedge against the escalating US/Israel-Iran...
Nigeria commercial banks parked a net ₦51.5 trillion with the Central Bank of Nigeria (CBN), in January to earn risk-free returns rather than lending...
The Nigerian debt capital market is entering a phase of "sticky" stability. After a volatile 2024 that saw Commercial Paper (CP) yields skyrocket to...
Veritasi Homes & Properties Plc’s N10 billion Series 1 Senior Medium-term Bonds proceeds will be utilised to finance the development of Tinuola Towers 2,...
In a move that highlights the tightening credit conditions within Nigeria’s real sector, Emzor Pharmaceutical Industries Limited has refinanced its ₦13.7 billion Series 1...
African Export-Import Bank (Afreximbank) has officially terminated its credit rating relationship with Fitch Ratings.
This decision follows a review of the relationship, and its firm...
Nigeria led a bond rally across emerging markets as the price of brent crude rose, fueled by the US escalating pressure against Iran.
Nigeria’s dollar...
