BADEA extends N23.4bn facilities to Sterling Bank
The Arab Bank for Economic Development in Africa has extended $65 million credit facilities to Sterling Bank Plc of Nigeria. The facilities were granted through two loan agreements signed in Cairo, Egypt, recently.
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Sterling Bank lists N33bn bonds on NSE, FMDQ – Daily TrustSterling Bank Plc has simultaneously listed the Sterling Investment Management SPV PLC ₦32.90 billion Series 2 on FMDQ OTC Securities Exchange and the Nigerian Stock Exchange (NSE.) The bond, which is unsecured with a tenor of seven years at a fixed rate of 16.50 percent is part of a N65 billion debt issuance programme of …
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Sterling Bank Lists N33bn Bonds On NSE, FMDQSterling Bank Plc has simultaneously listed the Sterling Investment Management SPV Plc N32.90 billion Series 2 on FMDQ OTC Securities Exchange and the Nigerian Stock Exchange (NSE.) The bond, which is unsecured with a tenor of seven years at a fixed rate of 16. 50 percent, is part of a N65 billion Debt Issuance Programme […]
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FG Highlights Gains of GEM, World Bank-funded Project - THISDAYLIVENume Ekeghe The project implementation Unit of the GEM Project yesterday said the $160 million World Bank-funded project, being implemented by the Federal Ministry of Industry, Trade and Investment (FMITI), has been a success story. The Strategy Communications Adviser to the Minister of Industry, Trade and Investment, Mr. Bisi Daniels, disclosed this in a statement. …
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2019 Global Finance Awards: Coronation Merchant Bank ranked among World’s Best Investment Banks - Daily Post NigeriaGlobal Finance magazine has named its 20th annual World’s Best Investment Banks in an exclusive survey to be published in the April 2019 issue. Winning org
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Polaris Bank Deepens Financial Inclusion In NigerPolaris Bank has entered into a strategic partnership with the Niger State government by ensuring participants in the supply value chain of the National Home-Grown School Feeding Programme (NHGSFP) can open bank accounts with less hassle. Managing director, Polaris Bank, Tokunbo Abiru, said the decision to partner with the state government aligned with the federal […]
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Indonesia Central Bank Seen Holding Key Rate, As Hopes For Easing Emerge – ReportIndonesia’s central bank will keep interest rates on hold on Thursday, a Reuters poll showed. This is as the Federal Reserve’s caution over further rate hikes has spurred some hopes that Jakarta’s next move could be a cut. All 25 analysts in the poll see Bank Indonesia (BI) keeping its seven-day reverse repurchase rate at […]
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- THISDAYLIVEBy Alex Enumah in Abuja Justice Yusuf Halilu of an Abuja High Court on Tuesday ordered the Economic and Financial Crimes Commission to immediately release detained former Chairman of Skye bank, Tunde Ayeni, from its custody. Justice Halilu gave the order shortly after the Court set aside an earlier order it granted the EFCC to …
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Court asks EFCC to release ex-Skye Bank ChairA High Court of the Federal Capital Territory (FCT) in Maitama, Abuja has ordered the Economic and Financial Crimes Commission (EFCC) to release detained
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Court orders EFCC to release ex-Skye Bank Chairman, Ayeni – Daily TrustA Federal Capital Territory, FCT, High Court, in Maitama, has ordered the Economic and Financial Crimes Commission (EFCC) to immediately...
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