Category: Bond Market

UBA’S DEBUT $500M EUROBOND OVERSUBSCRIBED By 240%

……. FURTHER VALIDATION OF UBA’S PAN-AFRICAN GROWTH STRATEGY The Group Managing Director/CEO of UBA Plc, Kennedy Uzoka Advertisement  United Bank for Africa Plc (UBA) successfully raised USD500 million, though a debut Eurobond, which was 240% over-subscribed. The significant investor demand reflects the strong global investor appetite for UBA’s credit and support for the Group’s pan-African financial services strategy. The Global Offering…

The Sale of diaspora bond to witness roadshow for more patronage – DMO

Nigeria’s ministry of finance building Advertisement The Debt Management Office, DMO, has said that the Nigerian government will start an international roadshow in June for the sale of a diaspora bond. The DMO, in a notice on Thursday, said the government had named Bank of America Merrill Lynch and Standard Bank of South Africa as…

Access Bank Introduces ‘Family Savings Scheme’ to Boost Savings

MD, Access Bank, Herbert Wigwe Advertisement Access Bank Plc has unveiled a new savings scheme tagged ‘Family Savings Scheme’ initiated to give its customers a boost in their savings. The exercise is in line with the Bank’s commitment to promoting savings culture among the populace. The ‘Family Savings Scheme’ is a savings scheme designed to…

Nigerian Breweries Plans to restore its profit in 2017

Advertisement Nigerian Breweries has made a promising first quarter start that could see a renewed strength in profit performance this year. The brewing company had lost over 25% of net profit last year, reducing profit to the lowest figure in several years. This year is however looking good for the company in terms of good…