Nigeria’s Bank of Industry (BOI) has issued a €700 million Eurobond to fund business growth in Nigeria. The five-year euro-denominated instrument is guaranteed by the federal government and issued at a yield of 7.5%. The deal was backed by Rand Merchant Bank (RMB), global coordinator and active bookrunner on the issue. The bond was initially…...
Trending
- China allows Standard Bank to settle transactions in yuan in 19 African countries
- Gabon: Fabrice Andjoua Bongo Ondimba in the spotlight
- BREAKING NEWS | Burkina Faso: Ouagadougou officially severs diplomatic relations with France
- EBID and Taraba State Seal Landmark USD 268 Million Financing to Power Industrial, Agricultural and Energy Transformation
- Awarding of UEMOA Excellence Awards to Journalists in Dakar, on the sidelines of FIPE-UEMOA
- Cameroon Airports accelerates its entry to the BVMAC to finance its transformation
- At the FIPE-UEMOA, experts raise concerns about obstacles to the implementation of the AfCFTA
- Ivory Coast prepares the labeling of five new products to unite producers, processors, and exporters
Nigeria: Bank of Industry raises 700 million euros in Eurobonds
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com