November 16, 2018/NSE Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced appointments and changes in some senior management positions in some of its subsidiaries, as part of strategic positioning to sustain its growth trajectory through skills rotation. Mr Wole Adeniyi, who until recently was the Executive […]
Investors Bite
Eurobond Issuance: A Seven-day Wonder?
Culled—Proshare 15/11/2018/By ARM Research Yesterday, the FG completed its $2.86 billion (N856.8 billion) Eurobond issuance, taking the country’s total issuance for the year to $5.3 billion. The offer is made up of a $1.18 billion (7-Yr), $1 billion (12-Yr), and $750 million (30-Yr) priced at 7.625%, 8.75% and 9.25% respectively. […]
New Nigeria Eurobond Issues Trade to Discount despite Early Rally
Culled—Proshare 15/11/2018/Zedcrest Capital ***Nigeria cannot attain 40bn barrels oil reserve*** – NAPE KEY INDICATORS Indicator Value Commentary Inflation 11.28% As at October 16, 2018, 5bps up from 11.23% recorded in August 2018. MPR 14.00% Left Unchanged for the 11th Consecutive Time at the Sept. 25, 2018 MPC Meeting External Reserves […]
