Access Bank agrees to pay off $200m bond issued by Diamond

Access Bank has agreed that it would pay off a $200 million Eurobond issued by Diamond Bank in 2014. Diamond Bank had attempted to raise between $300 million and $350 million at the time to meet its funding requirements. However,…

This is what you get if you buy the May 2019 FGN Savings Bond

The Debt Management Office (DMO) has released details for the May 2019 FGN Savings Bond offer. Here are the details: How much can I buy? ₦1,000 per unit, subject to a minimum subscription of ₦5,000 and in multiples of ₦1,000 thereafter, subject to…

R. Kelly bond on sexual assault charges set at $1 million

Grammy-winning singer R. Kelly, who has faced years of sexual abuse allegations, was ordered held on a one million dollar bond on charges that he sexually assaulted three teenagers and a woman, as prosecutors offered new details in the case.…