October 7, 2016/IMF Twenty-five members of the International Monetary Fund (IMF) have committed a total of SDR 243 billion (US$340 billion) in bilateral borrowed resources with maximum terms through end-2020. In welcoming these commitments, Ms. Christine Lagarde, IMF Managing Director, said: “These commitments will preserve the overall lending capacity […]
Updates
NASD OTC Monthly Market Summary – September 2016
October 7, 2016/NASD Plc The market capitalization of admitted securities on the NASD OTC Market as at September 2016 stood at ₦411.28 billion, represented by 111.28 billion shares in issue out of which only 18.40 billion shares (16.54%) have been dematerialised. The dematerialised volume of 18.40 billion shares represents an […]
Access Bank Announces Exchange Offer and Minimum New Issue Yield
Culled—Proshare October 7, 2016/CardinalStone Research On 3 October 2016, Access bank announced an Exchange Offer invitation to the current holders of the U.S $350,000,000 7.25% Guaranteed Notes due 2017 to offer any or all of their existing Notes for its new U.S dollar denominated fixed rate senior notes due 2021 […]
