Updates

AfDB launches 3-year USD 1 billion Global benchmark

September 15, 2016/AfDB On Wednesday, September 14, 2016, the African Development Bank (AfDB), rated Aaa/AAA/AAA, priced a US $1 billion fixed rate US Dollar Global benchmark due 20 September 2019, the issuer’s fourth global benchmark issue in 2016. The transaction has a coupon of 1.125% and was priced at a […]

AfDB mobilizes 28.6 billion FCFA for local development in Senegal

September 15, 2016/AfDB On September 14, 2016 in Abidjan, the Board of Directors of the African Development Bank Group (AfDB) approved a loan of 34.78 million units of account (approximately 28.6 billion FCFA) to the Republic of Senegal to fund Phase 1 of the Support Programme for Reform of Local […]

Conoil Lead Gainers, as Sentiments Remain Upbeat on NSE, 5th -Straight Day, ASI Advance 0.30%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Sentiments remained upbeat for a fifth consecutive day in the Nigerian equities market, as benchmark index advance by 0.30 percent to close at 27,725.40 points. “Today’s positive performance increased the Month-to-Date gain to 0.46 percent and pared the Year-to-Date loss to 3.20 percent, according to […]