In its bid to improve activities at the retail end of the market, the Nigerian Stock Exchange is to seek the collaboration of professional bodies. The NSE’s Chief of Staff and Head, Corporate Division, Mr. Bola Adeeko, made this known at a press briefing in Lagos on Tuesday. He said, […]
Author: InvestAdvocate
Nigeria’s First Bank plans $500 mln Eurobond in 2011
FBN Holdings Plc, the parent company of First Bank Nigeria, plans to raise $500m by selling a Eurobond this year after abandoning a similar offering last year. The Chief Executive Officer, FBN Holding, Mr. Bello Maccido, told Reuters that the money was needed to finance investments in loans and infrastructure. […]
Banks (Finally) Ready to Start Lending Again
With economic conditions getting tighter, banks appear to be figuring out that it’s time to get looser. Lending conditions, particularly for businesses, are finally beginning to thaw after five years of financial lockdown, according to the latest Fed Senior Loan Officer survey. Though banks are still hesitant to lend to […]
