Finance

Nigeria’s Consumer Protection Council (CPC) has advised insurance practitioners in the country to collaborate with religious and community leaders to enhance the growth of the sector. The CPC gave the advise at the ongoing annual insurance consumers colloquium  in Lagos, following the abuses policy holders have been exposed to. Babatunde Irukera, CPC director general, said […]

FBNQuest, the investment arm of FBN Holdings has slashed entry requirements for investment in its FBN Nigeria Eurobond Fund to only $2,500 for individuals and $100,000 for corporates. Typically to invest through the fund into a broad range of Eurobond instruments require a minimum of $200,000. The investment house noted that the Nigerian investment market […]

Nigeria’s economy recorded better than expected private sector credit growth in the third quarter of this year, with more borrowers funnelling the proceeds towards CAPEX-related activities – despite next year’s federal election looming. Bonds & Loans spoke with Jan Friederich, a senior director at Fitch Ratings about lingering risks in the country. Excerpts :   […]

In Nigeria, one of such reforms driven by the country’s monetary authority is the launch of incentives to banks that will encourage lending to the real sector, particularly those that have the ability to stimulate economic growth at a faster rate and ease the strain on unemployment. These sectors were identified as the manufacturing and […]

C & I Leasing Plc., has listed its N7 billion series 1 fixed rate bond under its N20 billion bond issuance programme on the FMDQ OTC Exchange. The listing, which is to raise funds for C&I Leasing’s expansion plans, follows approvals granted by the FMDQ Board Listings, Markets and Technology Committee. Andrew Otike –Odibi, managing […]