The Central Bank of Nigeria has called on FMDQ OTC Plc and its dealing members to abide by the principle of good corporate governance and observe extant laws and regulations as the over-the-counter platform hand out licences. According to the bank, it is by acting in good faith, devoid of […]

Malaysia-based International Islamic Liquidity Management Corp (IILM) has re-issued a $490 million Islamic bond, according to a media release on Thursday. The three-month sukuk was priced at 0.52 percent. It was auctioned to eight primary dealers, with KBL Private Bankers not participating as it did in IILM’s previous auctions. IILM […]

* Chevron lost battle over jurisdiction with Brittania-U * Seplat’s $500 mln IPO in Lagos, London to fund purchases (Adds quotes, share price and details)   Seplat is confident it will win a dispute over the purchase of a Chevron asset, the Nigerian oil and gas firm’s chief executive said […]