Metrofile Holdings Ltd : * Nigeria expansion * Secured premises in Lagos, Nigeria thereby enabling the opening of the business * Nigerian business unit is expected to contribute to profitability within 24 months of opening. Source: Reuters
Tag: Reuters
IFC wins approval for $1 billion Ghana local bond programme
The International Finance Corporation has secured approval to regularly issue local currency bonds in Ghana worth up to $1 billion to bolster the West African country’s domestic bond market, it said on Wednesday. IFC, the World Bank’s private sector arm, said Ghana’s Securities and Exchange Commission and the Ghana Stock […]
Fitch Rates First Bank of Nigeria’s Tier 2 Note Issue
Fitch Ratings has assigned First Bank of Nigeria Ltd’s (FBN; B+/Stable) USD300m 8.25% subordinated debt (Tier 2 notes) due August 2020 a final rating of ‘B-‘. The notes will be callable in August 2018, at which point the interest rate will reset to the sum of 6.875% plus the prevailing […]
