Fitch Ratings-London-15 May 2014: In its latest Sub-Saharan Africa (SSA) Credit Overview, Fitch Ratings says it expects growth in SSA to remain robust in 2014, rising to 5.4% from 5.1% in 2013, despite slower growth in China and other emerging markets. Growth is increasingly coming from domestic sources; government financed […]
World News
Nigeria’s Diamond Bank issues debut $200 mln 5-yr Eurobond at 8.75 pct
Nigeria’s Diamond Bank has issued a debut $200 million five-year Eurobond, priced to yield 8.75 percent, its chief finance office told Reuters on Thursday. Abdulraham Yinusa said the bond is quoted on the Irish Stock Exchange. The mid-tier Nigerian lender said on Tuesday it was in the Eurobond market to […]
We won’t allow terrorism to paralyse economy – Okonjo-Iweala
The Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said that the Federal Government will not in any way allow the activities of terrorists to paralyse the nation’s economy. In an interview with Yahoo News, the minister described the abduction of over 200 schoolgirls by the Boko Haram insurgents as frustrating, […]
