CATEGORY
Fixed Income & Bonds
Julius Berger Concludes Debut N30 billion Commercial Paper Issuance
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Julius Berger Nigeria PLC, a leading construction company in Nigeria, has announced the successful completion of its N30 billion Series 1 and 2 Commercial...
Flour Mills’ Deposit for Imports Hit N149.15bn as Profit Squeezed
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Flour Mills of Nigeria Plc payment in advance on deposits for import and suppliers has spiked as rising interest payment on money borrowed from...
Understanding Zero-Coupon Bonds
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By DATAPRO
Zero-Coupon Bonds are a type of debt securities that are purchased at a discounted price and redeemed at full face value upon maturity...
Notore Chemical Reels From Huge Borrowing Costs as Loses Pile
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Notore Chemical Plc’s balance sheet is not looking any better as the fertilizer producing company struggles to pay off bondholders, preferred stockholders and other...
Lasaco Assurance Solvency Ratio of 230% Validates Stable Outlook Rating
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Lasaco Assurance's consistent solvency ratio growth in the last four years indicates that the insurer has the financial strength to absorb all claims and...
Naira at Crossroads as China Pivots Away from U.S Dollar
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China may be ready with gloves on, in the rings for a currency war with the West, especially its arch rival, the United States,...
AFC Raises US$160 million Kimchi Loan Facility Led by Mizuho and Shinhan Bank
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Africa Finance Corporation,(AFC) an infrastructure solutions provider in Africa, is expanding its footprint in Asian capital markets, with the successful closure of a US$160...
FX Demand by Nigerians Studying in UK, U.S Pressures Naira
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Surging Foreign Exchange (FX) demand by Nigerian students studying abroad in places like the United Kingdom (UK) is adding to pressure on the Naira.
The...
Students Limited to $15,000 Per Semester, Have 60 Days to Process School Fees – CBN
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Nigerian banks have issued updates about changes regarding foreign exchange (FX) requests by Nigerian students wishing to study abroad.
Going forward, a minimum of 60...
Zenith, UBA, Sterling Bank Turn Shareholders’ Investments Into Profit Amid Sell-off
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The most capitalised and liquid lenders in Africa’s largest economy are efficient in turning shareholders' profit even amid a free fall in banking stocks.
Data...