SunTrust Bank opens shop in Uyo, promising wide range of products, services  

Newly licensed regional deposit money financial institution, SunTrust Bank has opened a new branch in Uyo, the Akwa Ibom State capital, promising a wide range of products and services to its potential customers, which Ayo Babatunde, the managing director said are “friendly.” Some of the products include: the Sun Temporary Overdraft (Sun-TOD), which provides loans […]

FG offers September bonds at 12% interest

As part of the capital raising for the 2019 budget, the Debt Management Office (DMO) is offering two and three years savings bonds for the month of September at 11 percent and 12 percent interest rates respectively . The offers are expected to close Friday. This was contained in a document published on the DMO […]

FG to auction N145bn long term bonds at 14%

The Debt Management Office (DMO) will offer a 5, 10 and 30 year bond totalling N145 billion at 12.7 percent, 14.5 percent and 14.8 percent interest rates respectively. A publication by the Debt Management Office (DMO) showed the breakdown of the N145bn bond include a N40bn 5-year reopening bond that would mature in April 2023; […]

Better Tax: NESG launches Citizen Report as stakeholders chart new path for non-oil revenue

Nigeria Economic Summit Group’s Fiscal Policy Roundtable (NESG) has launched its Citizen Perception Report, a first of several research pieces to be published in support of its tax reform and advocacy vehicle “Better Tax”. Better Tax seeks to close knowledge gaps in fiscal policy and create a sustainable framework to actualise the federal government’s inclusive […]