Tuesday, August 7, 2018

Tag "Eurobond"

    Fayose threatens to sue FG over Eurobond, likens APC to biblical prodigal son

Fayose threatens to sue FG over Eurobond, likens APC to biblical prodigal son

Ayodele Fayose, governor of Ekiti state, has compared the All Progressives Congress (APC) to the "biblical prodigal son".Expressing concerns over the plan of the current administration to lend $1bn Eurobond, Fayose threatened to sue the federal government over the issue.He said he was worried that the deal could plunge the country into more economic crisis.On Thursday, the government issued $1 billion [...]

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    FG appoints parties to borrow $1bn in January

FG appoints parties to borrow $1bn in January

Kemi Adeosun, minister of finance, on Wednesday at the Federal Executive Council (FEC) meeting presented a memorandum seeking approval for the issuance of the $1 billion Eurobond in the International Capital Market (ICM).Adeosun also sought approval for the appointment of transaction parties responsible for the execution of the programme.The minister noted that the $1 billion Eurobond issuance was appropriated in [...]

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Exchange Rates

August 06, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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