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Proshare Nigeria
February 20, 2018
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The FGN has returned to the Eurobond market for the second time since February 2017, and attracted what the DMO terms a “peak order book” of more than US$11.5bn. In another successful issue, it has priced its offering of US$2.5bn, divided equally between 12- and 20-year debt instruments, at rates of 7.143% and 7.696% respectively.
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February 20, 2018
International Turnkey Systems Group (ITS), the market leading provider for comprehensive Islamic financial solutions suite, has announced the successful installation of its pioneering ETHIX-Net internet banking modules for Kuwait Finance House, Bahrain (KFHB), further enhancing the Bank’s ETHIX Islamic finance platform.
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February 20, 2018
Against the background of periodic challenges with the supply and distribution of petroleum products, the board of the Nigerian National Petroleum Corporation (NNPC) approved the list of firms to be selected for the rehabilitation, operation and maintenance of its refineries at Kaduna, Warri and Port Harcourt last month.
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FMDQ Fixings Data (Delayed by 24 Hours)
as at Feb 16, 2018
Tenor Rate (%) Change (%)
O/N 22.625 Proshare14.53
1M 15.1211 Proshare0.41
3M 15.582 Proshare0.53
Tenor Rate (%) Change (%)
1M 14.8276 Proshare-0.08
3M 13.5196 Proshare0.70
6M 15.6041 Proshare0.44
SPOT RATE ($/N) Change (%)
334.46 Proshare-0.07
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February 16, 2018
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February 20, 2018
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January 2018 Headline Inflation - Month-on-Month %
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