June 25, 2015/Bloomberg By Elisha Bala-Gbogbo Nigeria’s state-backed mortgage-refinance company plans to sell 440 billion naira ($2.2 billion) of bonds as it seeks to expand access to housing funds, its chief executive officer said. The Nigeria Mortgage Refinance Co. will start with the sale of 10 billion naira of debt […]

Wed Jun 24, 2015 /Reuters * Central bank circular issued on Wednesday * Restricts FX purchases for imports of 41 items * Governor says jobs, poverty reduction the goals By Chijioke Ohuocha and Oludare Mayowa LAGOS, June 24 (Reuters) – Nigeria’s central bank has curbed access to the interbank currency […]

Stanbic IBTC Money Market Fund has been assigned a fund rating Aa(f) for the fourth straight year by Nigerian credit rating agency, Agusto & Co. The fund, one of the six mutual funds managed by Stanbic IBTC Asset Management Limited, was assigned the rating in recognition of its steady performance […]