Investors were keen on the five-year tranche due to the dearth of short-term bond offers in recent months, with the government raising Sh44.5 billion on this tranche and Sh19.3 billion on the 10-year.
Lawyers for a Portuguese computer hacker said on Monday he was responsible for revealing the dealings of Angolan billionaire Isabel dos Santos, a corruption scandal with fallout across Europe and Africa.
They discussed the ongoing progress at Al Salam Bank-Seychelles, a joint venture between ASBB and the Seychelles Pension Fund, and its contribution to the development of the domestic financial services industry in the Seychelles.
Oliver Alawuba, the Chief Executive Officer, UBA Africa said: “Africa stands to benefit substantially from intra-Africa trade, which is facilitated by the easy flow of capital within the continent.
According to Bloomberg the report, the measure was among a raft of regulations aimed at forcing banks to boost credit, mainly to farmers, small-and-medium-size businesses and consumers.
The 8th Assembly noted that the contingencies, professional fees, underwriting and consultancy fees inclusive of the 17 per cent interest rate which was to the tune of over N10 billion were too much.