SEC Targets $85bn Global Social Bonds Market       The Securities and Exchange Commission, SEC, has commenced moves to ensure that Nigeria and Nigerians benefit from the fast growing global social bonds market currently estimated at $85 billion. Social bonds are types of debt issues which proceeds are...

'Nigeria, Others Need $15.7bn To Upgrade Refineries'       African countries will need about $15.7 billion to upgrade existing 36 refineries on the continent to produce petroleum products that will conform with a planned level of sulphur content. African Refiners and Distributors Association (ARDA) disclosed that the $15.7...

SEC Adopts guidelines on Sustainable Finance for CMOs The Securities and Exchange Commission has adopted the Nigerian Sustainable Finance Principles (NSFP) as developed by the Financial Services Regulation Coordinating Committee (FSRCC) for the capital market. This was contained in a statement released by the Commission in...

DBN Gets Tripple “AAA” Long Term Rating from GCR Global Credit Ratings (GCR), one of the leading rating agencies in Africa, has assigned the Development Bank of Nigeria a “AAA” Long Term National Scale rating. GCR stated this on its website. The conferment, which is the...