…To drive financial inclusion October 1, 2021/First Bank of Nigeria It was Sir Isaac Newton, in his letter to Robert Hooke in 1675, who wrote the now-famous quote: “If I have seen further (than others), it is by standing on the shoulders of giants.” The shoulders of giants Sir Newton […]
Money Market
Western Union Joins Forces with Major Financial Institutions in Africa
FI Customers Can Now Conveniently Send and Receive Global Money Transfers 24/7, With a Few Clicks October 3, 2021/Aetoswire — Western Union, a global leader in cross-border, cross-currency money movement and payments, is collaborating with major financial institutions in Africa, to enable millions of consumers to send and receive cross-border […]
Nigerian Bond Issue 4 times Oversubscribed but Pricing Expensive
October 1, 2021/Proshare by FDC Ltd The Federal Government of Nigeria successfully raised $4bn from the Eurobond market, surpassing its initial target of $3bn for the first tranche. The success of the issue is making the government consider tapping the Eurobond market for more funds. The $4bn issue was 400% […]
