Capital Market

Nigeria Appoints Stanbic, Goldman Sachs for $100 million Diaspora Bond Sale

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria through its debt management office (DMO) Tuesday said it has appointed Stanbic IBTC Bank Plc and Goldman Sachs, both as local and international financial advisers respectively for its first ever $100 million Diaspora bond. Similarly, Nigeria’s DMO said it has also appointed Olaniwun Ajayi […]

Nigeria’s Skye Bank aiming for 15 pct loan growth, more capital

* Aims to grow loans sharply this year * To raise 46 bln naira in debt and equity * Shares down 19.3 pct this year Nigerian lender Skye Bank is targeting retail and business customers this year with a goal to expand loans by 15 percent, up from 2 percent […]

IOSCO Puts Corporate Bond Issuances at $3.2 Trillion in 2013

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The International Organisation of Securities Commissions (IOSCO) Tuesday put the corporate bond market at $3.2 trillion in 2013 compared to $0.9 trillion in 2000. This is contained in a published staff working paper of the global securities commission entitled ‘’ Corporate Bond Market: A […]