Market News

Wema Bank Plans N20bn Bond Issuance

Wema Bank Plc, which plans to expand its branch network this year, is to issue N20billion ($63 million) in bonds this month, its chief finance officer said on Monday. The bank is issuing local currency bonds after scrapping plans last year to issue a $100 million seven-year dollar bond because of currency risks.

 

Read More

Comment here

This site uses Akismet to reduce spam. Learn how your comment data is processed.