The Debt Management Office (DMO) will on Wednesday auction federal government bonds valued at N75 billion. A breakdown of the debt instruments, which are all reopening, showed it comprises of 20-year, 10% FGN Jul 2030 paper worth N35 billion and a three-year, 13.05% FGN Aug 2016 debt worth N40 billion. […]
Author: InvestAdvocate
ETI Signs $50 million Loan Deal with PROPARCO
Ecobank Transnational Incorporation (ETI) says it has signed a $50 million loan agreement with PROPARCO. PROPARCO is a development finance institution jointly held by Agence Française de Développement (AFD) and public and private shareholders from the North and South. The bank over the weekend notified the Nigerian Stock Exchange (NSE) […]
Union Bank sacks another 137
Union Bank, on Monday, sacked another 137 staff in continuation of the ongoing downsizing of its workforce as a result of the current reform in the banking sector. The affected staff were disengaged, following decision on outstanding disciplinary cases, while some were sanctioned for various acts of misdemeanour. Meanwhile, the […]
