October 2, 2024/PenCom “This is to inform the general public that the National Pension Commission (PenCom) has granted approval for the merger between ARM Pension Managers (PFA) Limited and Access Pensions Limited to form a new entity named Access ARM Pensions Limited. The merger is expected to result in the […]
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EBRD Invests in First Tier 3 Subordinated Bond by Sava Re
Image Credit: EBRD October 2, 2024/EBRD By Jelena Pajic EBRD invests in the first Tier 3 subordinated bond by an insurer in Slovenia and the wider region. Investment in the euro-denominated Solvency II compliant Tier 3 subordinated bonds with a total issuance of €50 million. Bond proceeds to strengthen Slovenia’s capital […]
Coronation Fixed Income and Exchange Rate Update
October 2, 2024/Coronation Research Summary Market liquidity closed positive at N698.bn on Friday (27, Sept ‘24). Call, overnight, and repo rates closed within the range of 7.5% – 30% as rates in the market tightened. Last week, the average NTB yield increased by +113bps to close at 21.9% w/w. At […]
