Author: InvestAdvocate

Afreximbank Prices Inaugural Samurai Bonds, Raises JPY81.3Bn Comprising JPY 67.2Bn 5 Regular Tranches and JPY 14.1Bn 3-Year Retail Samurai

Afreximbank successfully met its objective of achieving a benchmark transaction size of over JPY 30 billion and maximizing the size in longer tenors (up to 10 years) November 14, 2024/Afreximbank African Export-Import Bank (Afreximbank) has successfully priced its debut Samurai bond, securing a regular 5 tranche JPY 67.2 billion consisting […]

Economic Outlook: United States of America

November 14, 2024/US Federal Reserve By Chair Jerome H. Powell Good afternoon. Thank you to the World Affairs Council, the Federal Reserve Bank of Dallas, and the Dallas Regional Chamber for the kind invitation to be with you today. I will start with some brief comments on the economy and […]

UBA to Raise N239.4Bn Via Rights Issue, Offers Shareholders 1 New Share for Every 5

—-Shareholders to receive one new share for five existing shares —-Further strengthens regulatory capital and positions Group for growth in lending, digital banking and unique diversified global banking strategy November 14, 2024/UBA Plc Africa’s Global Bank, United Bank for Africa (UBA) Plc, will raise N239.4 billion through a Rights Issue […]