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UBA Announces Launch of $500 Million Eurobond

23/5/2017/NSE United Bank of Africa Plc (“the Bank” or “UBA”) is pleased to notify The Nigerian Stock Exchange (the “NSE”) and the investing public of its intention to launch up to USD500 million senior unsecured medium term debt notes (the “Notes” or the “Transaction”). The Bank intends to list the […]

ITFC Provides US$1 Billion of Financing for the Development of Strategic Commodities in Member Countries

May 21, 2017/ITFC On the side-lines of the Islamic Development (IDB) Group 42nd Annual Meeting of the Board of Governors held in Jeddah recently, the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), member of the Islamic Development Bank (IDB) Group has signed two Murabaha agreements between the Republic of Tunisia represented […]

Nigeria’s Q1 refinery output boosted by Niger Delta peace: NNPC

17/5/2017/Reuters Nigeria’s refineries processed 10 million barrels of crude oil in the first quarter, more than they did for the whole of 2015, after talks with militants reduced attacks on facilities, the head of the Nigerian National Petroleum Corporation (NNPC) said. OPEC member Nigeria has a refining capacity of 445,000 […]