Tag: InvestAdvocate

GT Bank seeks redemption on $500 mln Eurobond

Fri Feb 5, 2016/Reuters Guaranty Trust Bank (GT Bank) launched a tender offer on Friday to repay a $500-million Eurobond early, a move to deploy its available dollar liquidity ahead of the debt’s maturity. The bank said the notes, priced to yield 7.5 percent, were due to mature in May […]

220 firms owe AMCON N1.14 trillion

February 5, 2016/Vanguard By Babajide Komolafe Asset Management Corporation of Nigeria (AMCON) yesterday said that Seawolf Nigeria Limited, and 219 other companies are indebted to it to the tune of N1.14 trillion. This was contained in a list of debtors released yesterday by the Corporation for publication in major newspapers. […]

The Role of Emerging Markets in a New Global Partnership for Growth

By Christine Lagarde, Managing Director, International Monetary Fund University of Maryland, February 4, 2016 Good morning. Thank you, Dean Robert Orr for your very kind introduction. And thank you to you—students and faculty—for welcoming me here today. I would like to recognize my friend, Ambassador Susan Schwab, who will join […]