Thu Sep 22, 2016/Reuters Lafarge Africa said on Thursday it has raised 60 billion naira ($184 million) by issuing three and five-year bonds through book building. The local unit of the world’s biggest cement maker, LafargeHolcim, issued a three-year bond at 14.25 percent to raise 26.38 billion naira and sold […]

21/9/2016/MasterCard Daniel Lanre Monehin | September 21, 2016 In our meeting earlier this year with the president of the African Development Bank, the number one topic on his agenda was remittances.  The impact of remittance on the economies of Africa is large. 20 – 30 million African immigrants send approximately […]

September 21, 2016/Reuters Guinness Nigeria said on Wednesday that it had received a $95 million loan from parent Diageo to help it cope with dollar shortages in the West African country caused by a slump in crude prices. Chief finance officer Ronald Plumridge said the company’s currency needs were much […]