The National Leader of the All Progressives Congress, Bola Tinubu, has been declared winner of the party’s presidential primary held at Eagles Square, Abuja on Wednesday. The former Lagos State governor who is now officially the flag bearer of the All Progressives Congress (APC) for the 2023 general election, will challenge Atiku Abubakar of the…
The United Bank for Africa (UBA) on Wednesday redeemed its debut $500 million 5-year Eurobond notes with the maturity date of June 8, 2022. Issued in 2017, the five-year bond was offered at a coupon rate of 7.75%, and raised to support the Bank’s business in key sectors of the economy. As part of UBA’s…
Following the success of the first tranche of Stanbic IBTC N100 billion Infrastructure Fund, the Series II which was released in early May, continues to generate interest among investors. With the N15 billion Series II offer scheduled to close on Friday, 10 June 2022, Stanbic IBTC Asset Management Limited, the Fund Manager and subsidiary of…