February 12, 2016/First Bank of Nigeria Ltd As love fill the hearts of many this valentine, Nigeria’s most valuable bank brand, First Bank of Nigeria Limited is offering its customers a bouquet of convenient and secure ways to show their loved ones they care. FirstBank is allowing its customers show […]
Money Market
GTBank announces tender results for $500m Eurobond
Guaranty Trust Bank Plc on Thursday announced the results of its cash tender offer in respect of its $500m Eurobond. The lender had on February opened an international tender offer for the bond. GTBank, in a statement on Thursday, said, “As the expiration deadline for the tender offer was February […]
Naira falls to 325 on dollar shortage
The naira hit a record low of 325 to the dollar at the parallel market on Thursday as desperate importers scrambled for dollars to meet their obligations overseas. The local currency had closed at 318 against the greenback on Wednesday, after hitting 313.5 and 310 on Tuesday and Monday, respectively. […]
