Standard Chartered Bank has projected that ongoing economic reforms in Nigeria hold the potential of improving Nigeria’s credit outlook, bolster the nation’s macroeconomic stability and create investment opportunities this year. The Global Chief Investment Officer at Standard Chartered Bank’s Wealth Management unit, Mr. Steve Brice, made this disclosure while presenting the Bank’s ‘Global Market Outlook […]
The African Development Bank (www.AfDB.org) on 14 June 2022 launched a 19-billion Ugandan shilling (UGX) ($5.07 million) 2-year theme bond, the first-ever African frontier currency-denominated environmental, social and governance (ESG) issuance by a multilateral development institution. The bond, due in June 2024, will be settled in dollars at a fixed coupon of 10.5%. It was […]
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has announced Standard Chartered Bank and Stanbic IBTC Bank as settlement banks in currency swap agreement between it and Peoples Bank of China (PBoC). This is even as the apex bank also announced plans to release framework for the currency swap deal between the two […]