19

Oct

Fidelity Bank redeems $400m Eurobonds

Fidelity Bank Plc has notified the Nigerian Exchange and the investing public that the Bank has redeemed its $400 million Reg S/144a Senior Unsecured 5-year Notes due October 17, 2022. The Notes were successfully issued on October 17, 2017 through a combination of new issue and tender for the refinancing of the Bank’s $300 million Senior Unsecured […]

18

Oct

Telecom: Active voice subscribers increases to 206 million in Q2 2022

The National Bureau of Statistics has reported that the total number of active voice subscribers in Q2 2022 was 206,449,125, higher relative to 187,611,501 in Q2 2021. This represents a 10.04% rise on a year-on-year basis. However, on a quarter-on-quarter basis, growth stood at 3.45%, an increase from the 199,558,540 subscribers recorded in Q1 2022. Similarly, a[…]