20

Mar

FCMB Group completes issuance of N20.686bn Series I Perpetual 16.00% Fixed Rate Resettable NC5.25 additional Tier 1 Subordinated Bonds under Its N300bn Debt Issuance Programme

FCMB Group Plc notified the Nigerian Exchange and the investing public that it has successfully completed the issuance of a N20,686,000,000 Perpetual 16% Fixed Rate Resettable NC5.25 Additional Tier I Capital Subordinated Bonds (AT1) under its N300,000,000,000 Debt Issuance Programme The Group’s AT1 Issuance is the first non-sharia local currency AT1 instrument issued in Nigeria and the […]

15

Mar

FG launches Investment in Digital and Creative Enterprises Programme

The Federal Government of Nigeria has launched a $600m programme for young Nigerians in the technology and creative sectors. The programme is targeted at young Nigerians from ages 15-35 who are entrepreneurs and involved in the early stages of creative, innovative and technology-enabled ventures. The Vice President Yemi Osinbajo at the event stated that Nigeria’s technology ecosystem[…]