Debt: FG Slashes Treasury Bills Issuance By N1.27trn   As part of efforts to manage its debt profile, the Federal Government reduced the total Nigerian Treasury bills issued and allotted by N1.27trn in June this year to N1.65tn from N2.92tn in the same period of 2017,...

FG Approves $2.9bn Eurobond Issuance To Fund Budget The Federal Executive Council on Wednesday approved the issuance of $2.9bn and other securities in Eurobond from the international capital market. The Minister of Finance, Zainab Ahmed, disclosed this to State House correspondents at the end of the...

Stanbic IBTC, Dangote Cement Partners On N50b Commercial Paper Issuance   Stanbic IBTC Capital, and Stanbic IBTC Bank, subsidiaies of Stanbic IBTC Holdings Plc, have partnered with Dangote Cement Plc, Africa’s largest cement producer, to announce the issuance of a N50billion Series 1 and 2 Notes,...

Bond Issuance: Lafarge Africa Shareholders Approve N100bn   Shareholders of Lafarge Plc yesterday at the annual general meeting (AGM) in Lagos approved plans by the company to issue a N100 billion bond later in 2018. The proceeds of the bond would be used to refinance the company’s...