Leading cocoa processor ,JohnVent Industries limited has opened its Series 8&9 commercial paper offer,which could raise up to N40 billion in additional capital for the company.Lead arranger for the offer which opened June 30,2025 is investment bank, Crodros Capital Ltd.The 6 month commercial paper would be redeemed on January5 and April 3,2026.According to Cordros in Continue Reading
The 2025 Africa Sovereign Investors Forum (ASIF) Meeting will take place from June 16–17, 2025, in Abuja, Nigeria.The meeting is hosted by the Nigeria Sovereign Investment Authority (NSIA).The theme of the meeting is :“Leveraging African Sovereign Wealth Funds to Mobilize Global Capital for Transformative Development in Africa.”The event will bring together African Continue Reading
The Plateau State government has repaid its N28.2 billion bond issued to investors last year.The state government redeemed the debt,which has a coupon of fixed rate of 17.5 per cent. The bond was due March 30,2025 and was paid on April 2,2025 ,according to the state government.The Plateau State government which issued a public statement […]Continue Reading
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has stated the readiness of the bank to partner with the Institute of Credit Administration (ICA) to create a reliable and enhanced credit practice in the country. Speaking during an official visit of ICA Management team to the Ecobank Pan African Centre (EPAC) in Lagos, December 23,2021, Akinwuntan […]Continue Reading
By Brian Caplen Merger talks between Spanish lenders Bankia and CaixaBank have put European banking consolidation back in contention – but only domestic deals will probably go ahead.Let’s not forget the formidable list of challenges facing European banks – rock-bottom interest rates, bad loans from the pandemic heaped on top of those they still have […]Continue Reading
By Sanya AdemiluyiGodwin Emefiele governor of Nigeria’s Central Bank, CBN is a man on the spot. Having taken on the economic activist role in recent times ,the CBN governor may also neatly fit into a monetary policy hawk’s description.Needless to say, his economic activism has also led him to take on fiscal policy as part […]Continue Reading
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