First City Monument Bank Limited has announced the signing of a $150m senior unsecured term loan facility with Commerzbank Aktiengesellschaft and Standard Chartered Bank acting as initial mandated lead arrangers and book-runners. A statement by the bank on Wednesday stated that the agreement represented its largest fundraising to date in […]
Tag: Standard Chartered Bank
Standard Chartered to increase investment in Nigeria, others
Standard Chartered Bank has announced plans to increase its investment in Nigeria and some other countries in Africa. The bank said that the growth opportunities on the continent, especially Nigeria, were enormous. It said it was, therefore, important for the country to focus on its strengths to boost investment. A […]
Nigeria naira firms after cbank rate decision
Nigeria’s naira firmed slightly against the U.S. dollar on Wednesday, a day after the central bank left interest rates on hold and said it would keep monetary conditions tight, dealers said. The central bank kept rates on hold for the sixth time in a row at 12 percent on Tuesday, […]
