THE
DAILY
TIMES
NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts
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Fidelity Bank sells $400m Eurobond, re-purchases $256m
Ï Records largest Nigerian new issue, liability offering Motolani Oseni, Lagos
ÏÏÏ Fidelity Bank Plc priced a
highly successful US$400million 5-year Eurobond with a 10.50 per cent in what is regarded as the
largest combined new issue and liability management offering ever by a Nigerian issuer. The lender represents the third Nigerian bank to sell Eurobonds this year, after Zenith Bank Plc Continued on page 6
Gunmen invade Plateau IDP camp, kill 27
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TUESDAY, OCTOBER 17, 2017 VOL. 3. NO. 476
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GLOBAL FINANCIAL/COMMODITY MARKETS
CURRENCIES/CBN: CBN: N305.55 PER DOLLAR, Parallel Market: USD N363 POUND N475 EURO N425 NSE: ASI 36, 970.81 MARKET CAP 12.73 FMDQ O/N 79.17 OBB 74.17 COMMODITIES: Wheat US $438.00/MT Rice US $12.12/MT Cocoa US $2,046.00/Bag Coffee US $124.25/Scoop Cotton US $67.61/Unit Sugar US $14.17/Ounce METALS: Gold US $1306.70/Ounce Silver US $17.43/Ounce Copper US $3.12/Ounce ENERGY: Brent US $57.73/PB, N/Gas US $2.94/CB
Looters’ trial: Heads to roll as Salami’s panel begins work
Ï To halt undue use of technicalities, fair hearing Ï May stop hanging of criminal trials for years Ï ’Non-implementation of NJC’s recommendations over’
Andrew Orolua, Abuja
ÏÏÏ Anxiety among judges
has now heightened as Justice Ayo Salami’s anti- cor-
ruption trial Committee begins work in earnest. Justice Salami was the former President of the Court of Appeal (PCA), who Continued on page 5
FG confirms 3 cases of Monkey pox in Bayelsa Ï Measles, whooping cough kill 17 in Kano
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Anxiety as Nnamdi Kanu’s lawyer says FG knows his whereabouts 5 Agbakoba asks court to disqualify Buhari from holding office as Petroleum Minister
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Founder, The Tony Elumelu Foundation (TEF), Mr. Tony Elumelu (middle); wife and Chairperson of Avon Medicals Service Limited, Dr. Awele Elumelu, flanked by Tony Elumelu Foundation entrepreneurs , during the TEF Entrepreneurship Forum 2017, supported by UBA Plc, in Lagos… at the weekend.
PDP: Obaze flags off campaign, promises to win Anambra guber poll 7