NewsDirect

NewsDirect

LCE to list Agvest N5bn cashew nut contracts

The Lagos Commodities and Futures Exchange (LCFE) has screened Agvest Ltd. for listing of its N5 billion cashew nut contracts by diversified financial instruments. The financial instruments would be offered to the investing public through Commercial Papers (CP) and short…

Afreximbank closes $1.3bn bond issuance

By Kayode Tokede The African Export-Import Bank (Afreximbank) has successfully closed a $1.3 billion dual tenor bond issuance, its largest-ever transaction in the international debt capital markets. The bank announced this in a statement in Cairo, Egypt on Tuesday. It…