Tag: 300

Lafarge Africa raising bond to repay $300 mln Nigeria loan

27/4/2016/Reuters Lafarge Africa is marketing a 60 billion naira ($302 million) bond to refinance some dollar-denominated debt at United Company of Nigeria (UNICEM), which it bought last year. Chief finance officer Anders Kristiansson told analysts on Thursday that there was strong interest for the bond and that book-building was expected […]

Naira crashes to 300 against dollar

January 13, 2016/Punch Monday’s stoppage of foreign exchange sales to Bureau De Change operators by the Central Bank of Nigeria failed to lift the naira on Tuesday as the currency exchanged for 300 against the United States dollar in Kano, 290 in Lagos and 292 in Abuja. Financial experts said […]