ETI to raise $300m from international capital market
Ecobank Transnational Incorporated (ETI) Plc has announced plans to raise 300 million dollars from the International Debt Capital Markets (IDCM), through the issuance...
Nigeria’s public debt at N32.92trn at December, 2020 -NBS
Nigerian States and Federal Debt Stock data as of 31st December 2020 reflected that the country’s total public debt portfolio stood at N32.92 trillion,...
FMDQ admits CPs for Total Nigeria, Mixta Real Estate and Valency Agro
Following the due diligence process, FMDQ Securities Exchange Limited (FMDQ Exchange), through its Board Listings and Markets Committee has approved the quotation of the...
Budgetary allocations will not solve Nigeria’s infrastructure needs, but debt capital – Olabinjo
The Managing Director/ Chief Executive Officer, Skystone Capital & Investment Ltd., Mr Ola Olabinjo, has identified debt capital financing as the major solution to...
FG’s debt hits N24.52tn –CBN
The debt of the Federal Government of Nigerian came to N24.52 trillion at the end of March, the Central Bank of Nigeria (CBN) said...
DMO explains why government is borrowing so much
The Director-General of the Debt Management Office (DMO), Mrs Patience Oniha has revealed that Nigerian government’s borrowings derive from perennial budget deficits, stressing that...
AMCON takes over Northrich Technologies’ property over N500m debt
The Asset Management Company of Nigeria (AMCON) has taken over assets belonging to a Lagos-based technology deployment solutions provider, Northrich Technologies Limited, over the...
Nigeria’s debt stock hits N28. 63tr Q1, 2020
The National Bureau of Statistics (NBS) has disclosed that Nigeria’s total debt portfolio stands at N28.63 trillion at the end of first quarter...
MTN Nigeria announces completion of N100bn Commercial Paper
MTN Nigeria Communications (MTNN) Plc on Tuesday announced the successful issuance of N100 billion Series I & II Commercial Paper (CP) notes.
MTNN stated this...
