Naira Drops To 460/$ At Parallel Market
The naira fell slightly at the parallel market on Monday, as it exchanged to the dollar for N460/$ as of the close of work.
The naira had exchanged to the dollar on Friday for 458/$.
This is as the country’s...
Ecobank’s New $50m Eurobond Oversubscribed By 460%
Ecobank Transnational Incorporated, ETI, the parent company of the Ecobank Group,announced on Thursday that it had successfully tapped the international capital markets for an additional $50m in Eurobonds due April 2024.
It said in a statement that the bonds...