The Managing Director/Chief Executive Officer of Enterprise Bank Limited, Mallam Ahmed Kuru, has expressed support for the planned divestment of the Asset Management Corporation of Nigeria’s shareholding from the bank. He also affirmed the appointment of the Citigroup and Vetiva Capital Management Limited by AMCON as the financial advisers in […]
Author: InvestAdvocate
IFC wins approval for $1 billion Ghana local bond programme
The International Finance Corporation has secured approval to regularly issue local currency bonds in Ghana worth up to $1 billion to bolster the West African country’s domestic bond market, it said on Wednesday. IFC, the World Bank’s private sector arm, said Ghana’s Securities and Exchange Commission and the Ghana Stock […]
Nigeria’s Wema Bank CFO Planning to Raise $200 Million for Loans
Wema Bank Plc (WEMABANK) the Nigerian lender which raised 40 billion naira ($247.4 million) for expansion across the country, said it’s seeking an additional $200 million over the next two years to fund its loan book. “The sum of $100 million is planned to be raised in the first quarter […]
