Author: InvestAdvocate

United Capital Raises Over $900 Million as Lead Issuing House to FGN Inaugural Domestic Dollar Bond

September 16, 2024/United Capital Nigeria’s leading financial services group, United Capital Group, acted as the Lead Issuing House and Coordinator for successfully issuing the FGN Domestic Dollar Bond, Nigeria’s first ever domestic US dollar-denominated bond. The transaction generated unprecedented domestic demand, raising over US$900m to achieve over 180% subscription levels, […]

PalmPay Rolls Out USSD Service to Empower Users with Enhanced Financial Access and Account Security

This service offers Nigerians an additional way to manage their finances without the need for internet connectivity September 16, 2024/PalmPay PalmPay, a leading financial platform with over 30 million users on its smartphone app in Nigeria, today announces the launch of its USSD code. This service offers Nigerians an additional […]

Political Parties of all Stripes are Pushing for Higher Government Spending

(Credit: Bombaert/iStock by Getty Images) September 16, 2024/IMFBlog By Era Dabla-Norris, Enrico Di Gregorio, and Yongquan Cao Conservative politics has traditionally been defined by its emphasis on fiscal prudence and the idea of a small state. While parties leaning left are usually associated with more spending and a larger presence of […]