Six years after Justice Marcel Awokulehin sensationally struck out all 170-count charge of money laundering preferred against former governor of Delta State, James Onanefe Ibori by the Economic and Financial Crimes Commission, EFCC, a three-man panel of justices at the Benin Division of the Court of Appeal Thursday ruled that […]
Author: InvestAdvocate
Fitch: SSA Growth Resilient to Slowing Emerging Markets; Domestic Challenges Persist
Fitch Ratings-London-15 May 2014: In its latest Sub-Saharan Africa (SSA) Credit Overview, Fitch Ratings says it expects growth in SSA to remain robust in 2014, rising to 5.4% from 5.1% in 2013, despite slower growth in China and other emerging markets. Growth is increasingly coming from domestic sources; government financed […]
Nigeria’s Diamond Bank issues debut $200 mln 5-yr Eurobond at 8.75 pct
Nigeria’s Diamond Bank has issued a debut $200 million five-year Eurobond, priced to yield 8.75 percent, its chief finance office told Reuters on Thursday. Abdulraham Yinusa said the bond is quoted on the Irish Stock Exchange. The mid-tier Nigerian lender said on Tuesday it was in the Eurobond market to […]
