Author: InvestAdvocate

Niger State Set to List N12 Billion Bond

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Niger State is set to list N12 billion infrastructure bond on the floor of the Nigerian stock exchange (NSE). Sources at Planet Capital Limited, issuing house/book runner of the bond issue told Investadvocate. “We are almost through with the process of listing the bond on […]

Nigeria GDP rebase on Sunday likely to make it Africa’s No. 1

* Nigeria set to rebase GDP on Sunday * Likely to overtake South Africa as continent’s top economy * Move seen as positive for investment in Nigeria * Won’t change poverty, infrastructure woes Nigeria will rebase its GDP on Sunday, the statistics office said, in a move that will boost […]

Zenith Bank to float $1bn Eurobond

Zenith Bank of Nigeria Plc intends to float up to a maximum of $1 billion in a new Global Medium Term Note programme, with Citigroup Global Markets Limited and Goldman Sachs International, acting as joint arrangers and dealers. The net proceeds from each issue of Notes will be used by […]