All posts tagged "reuters"

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  Osun state issues islamic bond to investors

  Osun State has taken a major step towards developing an Islamic finance industry in Nigeria by offering the country’s first Islamic bond to investors. The issue makes Nigeria the first big economy in sub-Saharan Africa to market...

  • Posted September 24, 2013
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  Dangote’s oil refinery loan has 7-year tenor – Banking sources

  The $3.3 billion syndicated loan secured by Dangote Industries last week to build a 400,000-barrel per day oil refinery and petrochemical plant is said to have a seven-year pay back period. A banker who was part of...

  • Posted September 9, 2013
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  Dangote, financiers to sign $5.55bn refinery loan deal

  The Dangote Group has said it will sign $5.55bn loan deals with financiers on September 4 for the building of a $9bn refinery and petrochemical complex to be located at the Olokola Free Trade Zone, Ondo State....

  • Posted August 29, 2013
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  SEC suspends Ecobank from capital markets

  The Securities and Exchange Commission (SEC) has suspended Ecobank from all capital market activities and from being a receiving bank because of irregularities surrounding a margin loan, a notice on its website said on Thursday. SEC, according...

  • Posted March 21, 2013
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  Nestle Nigeria to triple sales to $2.2 billion over 10 years

  Nestle Nigeria aims to triple its sales in Africa‘s most populous nation to 350 billion naira ($2.2 bln) in 10 years as the consumer market for food and cereal booms. The local unit of Swiss company Nestle...

  • Posted February 23, 2013
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