Updates

GTBank Redeems $500m Eurobond

May 23, 2016/Thisday By Obinna Chima Guaranty Trust Bank plc (GTBank) has announced the redemption of the outstanding portion of its $500,000,000.00 Eurobond Notes that was due May 19, 2016. The bank had in February 2016, successfully issued a Cash Tender Offer to repurchase any and all the outstanding $500 […]

Dangote injects N10 bn to buy back majority stake in Kano’s DFM from Tiger Brand

21/5/2016/Naija247news By Halimatu Muhammadu Chairman and CEO of Dangote Group, Alhaji Aliko Dangote said yesterday that the company injected N10 billion to buy back a majority stake in Kano’s Dangote Flour Mill  from Tiger Brand to enable its re-opening. Speaking at the re-opening ceremony in Kano, Dangote stated that the […]

MasterCard to Expand Digital Aid Distribution Services

23/5/2016/MasterCard Tens of millions of people around the world receive vital humanitarian aid every year and the need continues to grow exponentially. In many cases, they are not only faced with an immediate crisis, but they also lack the financial services to guard against future risk as they attempt to […]