Nigeria’s economy has potential to double current performance, says Renaissance Capital

Nigeria’s economy has the potential to double its current performance within the next 12 months, but the government needs to support economic growth with more investments in basic infrastructure, especially electricity. In its latest primary macro outlook for frontier and emerging markets, Global Chief Economist, Renaissance Capital, Charles Robertson, said improving macro-economic fundamentals place Nigeria […]

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fidelity bank

Fidelity Bank records largest combined new issue, liability offering ever

Fidelity Bank Plc, on October 11, 2017, priced a successful $400 million five-year Eurobond with a 10.50 per cent coupon in what is the largest combined new issue and liability management offering ever by a Nigerian issuer. Citigroup Incorporated, Renaissance Capital and Standard Bank Group Limited managed the deal, which included an any-and-all cash tender […]

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