(Fitch Ratings released this statement ) Fitch Ratings-London-18 June 2014: Fitch Ratings has assigned Access Bank’s (Access; B/Stable) USD400m subordinated debt (Tier 2 notes) a final rating of ‘B-‘ and Recovery Rating of ‘RR6’. The notes, issued directly through the bank, have a coupon set at 9.25% and mature on […]
Author: InvestAdvocate
Oando Energy Announces Nigerian Government Approval of $1.65 Billion Acquisition of ConocoPhillips Nigerian Oil and Gas Business
Press Release/Oando Energy Resource Inc June 18, 2014-Oando Energy Resources Inc. (” Oando Energy Resources ” or the ” Company “) CA:OER +0.69% , a company focused on oil and gas exploration and production in Nigeria, today announced receipt of the consent of the Honourable Minister of Petroleum Resources of […]
Arisekola Alao dies at 69
Prominent businessman and Islamic leader, Alhaji AbdulAzeez Arisekola Alao, died on Wednesday at the age of 69. The eldest daughter of the deceased, Khadija, confirmed the death of Alao, who is the Deputy President-General of the Nigeria Supreme Council for Islamic Affairs and the Aare Musulumi of Yorubaland. Details to […]