Capital Market

Opportunities Abound for Nigeria Private Sector to Issue Own Bond-DG DMO

Lagos (INVESTADVOCATE) Peter OBIORA, Online Editor at InvestAdvocate captured a Question and Answer Session with Abraham Nwankwo, Director General (DG) Nigeria’s Debt Management Office (DMO) at the recently organised retreat for financial and investment journalists in Lagos Nigeria.  Excerpts: What did you do to be able to sell the $1.0 […]

191 Investors Sought Nigeria’s $1.0 billion Eurobond-DMO

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Debt Management Office (DMO) Friday said about 191 investors sought the nation’s just concluded $1.0 billion Eurobond offer. Abraham Nwankwo, Director General (DG) of the Nigeria’s DMO revealed this in his presentation at a retreat for financial journalists with the theme “Opportunities for the […]

Nigeria’s Union Bank says H1 profit falls 4.2 pct

Nigeria’s Union Bank said on Thursday its half-year pretax profit fell to 9.8 billion naira ($61.1 mln), down 4.2 percent from 10.2 billion naira last year. Shares in Union Bank, which had gained 63 percent since the start of the year, were trading flat at 12 naira at 1130 GMT. […]