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Nigeria trapped in low growth path, says Moody’s
A global credit rating agency, Moody’s Investors Service, has said Nigeria is trapped in a low growth path for the time being. The Vice President – Senior Credit Officer, Sovereign, Aurelien Mali, said on Wednesday that government revenue weakness remained a key credit challenge, adding that the country’s balance sheet had “deteriorated to a level…
Read MoreFederal Government (FG) to borrow $2.7bn foreign loan in 2019 – DMO
The Federal Government (FG) will borrow $2.7bn (N824.82bn) from foreign sources in 2019, the Debt Management Office (DMO), has said. In a statement made available to our correspondent in Abuja on Wednesday, the DMO said that the first priority would be to borrow from multilateral and bilateral sources. The balance, it said, would be borrowed…
Read MoreDebt Management Office: FG to auction N100bn bonds
The Debt Management Office (DMO) has said the Federal Government will auction N100bn worth of bonds by subscription on June 26. A circular by the DMO on Tuesday showed the breakdown of the figure to include an N30bn five-year re-opening bond that would mature in April 2023 and be offered at 12.75 percent; another N40bn…
Read MorePrimero raises N16.5b
Primero raises N16.5b: Primero Transport Services Limited has raised N16.5 billion, seven-year bonds, and would be paying semi-yearly coupons at a fixed rate of 17 percent per year. Kindly Click here to read more
Read MoreCERPAC pays its second principal and interest installment
CERPAC Receivables Funding SPV Plc. (CRFS), under its Future Flow Securitisation of Expatriate Receivables has paid its second scheduled Semi-Annual payment for the N4.877billion discrete and the N12.5billion Series 1 Bonds, as well as the first scheduled Semi-Annual payment for the N1.6billion Series 2 Bonds. All payments constitute interest and principal due as of the…
Read MoreInvestment in mortgage’ll help reduce housing deficit – Sonnie Ayere
Sonnie Ayere is the Founder of Dunn Loren Merrifield, an investment firm, and Chairman of Mortgage Warehouse Funding Limited. In this interview with MAUREEN IHUA-MADUENYI, he says stakeholders are doing everything possible to open up the mortgage market Why do you think Nigerians still buy houses with cash despite all the efforts put into the…
Read MoreDLM Advisory Partners Announced As Sole Arranger/Issuing House For ‘FFF’ Securitisation Transaction
Dunn Loren Merrifield Advisory Partners: The formal signing for the First Future Flow ‘FFF’ Securitisation transaction sponsored by Continental Transfert Technique Limited held on Monday 29th January 2018 with Dunn Loren Merrifield Advisory Partners taking the lead as Sole Arranger/Issuing House for the transaction. The event which held at the executive board room of Dunn…
Read More‘Mortgage Will Help Reduce Housing Deficit’ – Chairman, Mortgage Warehouse Funding Limited (MWFL) Sonnie Ayere
Sonnie Ayere is the Founder of Dunn Loren Merrifield, an investment banking company and Chairman of Mortgage Warehouse Funding Limited (MWFL). He speaks on effective initiatives that will address the housing deficit in Nigeria as well as prospects for bringing MWFL into the ecosystem for affordable housing. Ayere in this interview with Punch Newspaper’s Maureen…
Read MoreSonnie Ayere To Deliver Keynote Address On ‘Deepening The Nation’s Capital Market For Economic Growth’ At CAMCAN
Sonnie Ayere: The annual workshop of the Capital Market Correspondents Association of Nigeria (CAMCAN) will hold on Saturday, 9th December 2017 as part of the association’s efforts to contribute to the development of the market and economy. This year, experts, regulators, and other stakeholders will gather to discuss ways the market can be deepened to…
Read MoreLAGOS STATE GOVERNMENT: Building an End-to-End Ecosystem For Affordable Housing
LAGOS STATE GOVERNMENT PRESS RELEASE Tuesday 5th December 2017 LAGOS STATE GOVERNMENT (LASG) TAKES THE LEAD AGAIN AS IT PARTNERS WITH NIGERIA MORTGAGE REFINANCE COMPANY (NMRC) AND MORTGAGE WAREHOUSE FUNDING LIMITED (MWFL) FOR A WORKSHOP ON “BUILDING AN END-TO-END SYSTEM FOR AFFORDABLE HOUSING”. Lagos| Nigeria: The Lagos state government today partnered with the Nigeria Mortgage…
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