Money Market

Heritage Bank Collaborates EDC on Entrepreneurship Development

December 11, 2016/Heritage Bank Ltd Heritage Bank Plc, Nigeria’s most innovative banking service provider, has partnered Entrepreneurship Development Centre (EDC) of the Pan African University (PAU) as part of its strategic plan to identifying and supporting Micro, Small and Medium Scale Enterprises (MSME) in the country. The Bank supports EDC […]

Nigeria’s naira seen steady from diaspora dollar inflows

8/12/2016/Reuters Nigeria’s naira is likely to tread water next week on dollar inflows from Nigerians visiting home during the holidays against waning demand, while the Kenyan shilling could weaken as the flow of greenbacks dries up. NIGERIA The naira is expected to hold steady around its present level against the […]

Islamic Development Bank Lists USD$1.25Bn Sukuk On Nasdaq Dubai

Culled—Proshare December 8, 2016/Mondo The Islamic Development Bank (IDB) listed a 1.25 billion US dollar Sukuk today on Nasdaq Dubai, the region’s international financial exchange. It is the seventh Sukuk listing on the exchange by the IDB, making it the largest Sukuk issuer on Nasdaq Dubai at 8.55 billion US […]