Money Market

Mainstreet to Receive 121.4 Million Units of AMCON Series V Bonds

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Acquired Mainstreet Bank Limited will receive holdings of 121,375,422 units of the Asset Management Corporation of Nigeria (AMCON) Series V Bonds (redeemed at par) by the end of this month, according to a report from Proshare. Proshare affirmed that information available to it reveals that […]

UK Export Finance Names Ecobank Nigeria, JPMorgan, others to Deliver £3b Support to Exporters

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-United Kingdom Export Finance (UKEF), has named Ecobank Nigeria, JPMorgan Chase and 18 other global lenders as its partnering financial institutions to help deliver £3 billion Direct Lending Facility (DLF) support to UK exporters, Ecobank said in a statement on Friday. UKEF is an arm […]

IBFC to examine banking industry outlook

IBFCAlliance Limited says it will examine the banking sector outlook at a seminar scheduled to hold at the Intercontinental Hotel in Lagos on October 21. A statement by the company quoted the Managing Director, IBFCAlliance, Mr. Funmi Agusto, as saying that with the banking industry remaining a key driver of […]