Nigerian Breweries to Sell N45bn Commercial Papers For Short-Term Funding Nigerian Breweries Plc, Friday disclosed that it is set to raise N45 billion from the local debt market through sale of commercial paper to support its short-term funding needs. In a...

External reserves to drop below $37.5bn in February The nation’s external reserves are expected to continue the seven months downward trend to drop below $37.5 billion by the end of this month. Last month, the reserves dropped to the lowest...

NSE Lists Interswitch’s ₦23b Bond The Nigerian Stock Exchange (NSE) has admitted Interswitch Limited’s N23billion Bond. The Callable Senior Unsecured Bond, with a tenor of seven years, at a fixed rate of 15 percent, is part of a N30 billion Debt...

UAE Indicates Interest to invest in A/Ibom aviation sector Akwa Ibom state has been showcased as the next big thing in Nigeria’s aviation industry with many countries, including the United Arab Emirate indicating interest in investing in the state. The interest...

Uduk Says Private Equity Firms Agents of Economic Growth The Acting Director General of the Securities and Exchange Commission, Ms Mary Uduk, has said that Private Equity (PE) firms are important agents of business and economic growth, as they bring...

JAIZ Receives Investment Grade Rating from IIRA Jaiz Bank Plc., the premier non-interest bank in Nigeria has been assigned positive rating by the Islamic International Rating Agency (IIRA). This is the first rating for the Bank as the first Sharia compliant...