Friday, October 3, 2025
  • Share your story
  • About
  • Contact
Economy FootPrint
  • Home
  • News & Politics
  • Opinion
  • Finance & Economy
  • Aviation
  • Editorial
  • Transport & Blue Economy
  • Features | Analysis
  • Health | Environment
Economy FootPrint
Home Finance | Insurance | Pension

BNY Mellon, Standard Bank to Facilitate Access to Nigerian Naira Debt — Bloomberg

EconomyFoot Print by EconomyFoot Print
June 19, 2025
in Finance | Insurance | Pension, News
Reading Time: 1 min read
0
BNY Mellon, Standard Bank to Facilitate Access to Nigerian Naira Debt — Bloomberg
Share on FacebookShare on Twitter

Bank of New York Mellon Corp., in collaboration with Standard Bank Group Ltd., is launching global depositary notes backed by Nigerian sovereign debt denominated in naira,

Bloomberg reported Wednesday. The initiative is designed to give international investors streamlined access to the elevated yields available in Nigeria, Africa’s most populous nation.

Related posts

Nigeria’s Economy Requires More Than Short-term Interventions – Elumelu

Tony Elumelu Bags 2025 Appeal of Conscience Award 

October 2, 2025
Leadway Assurance Pays N67 Billion Claims in 2023

Leadway Pays Abot N500bn Claims in 9 Years

October 2, 2025

The depositary notes will be eligible for settlement through major international clearing systems, Euroclear and Clearstream, enabling broader participation from global institutional investors. This development represents a significant milestone in efforts to deepen foreign access to Nigeria’s local debt market.

According to Bloomberg, Nigeria sold 182-day Treasury bills on June 4 at a yield of 18.5%, while its 2033 benchmark bond was trading at a yield of 19.33% as of Wednesday — among the highest returns in emerging markets.

As stated by the global head of depositary receipts at BNY Mellon,Chris Kearns, the program is expected to help unlock investment potential across Africa and contribute to the development of capital markets on the continent

Previous Post

BIPC DONATES BREAD, WATER TO YELEWATA IDPS, PROMISES DONATION EVERY THREE DAYS

Next Post

SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

Next Post
SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Breaking news.. NCAA suspends all Max Air B-737 aircraft type over safety, orders safety audit

2 years ago

With 84 bills signed into law, Senate President justifies collaboration with Executive

3 years ago

Nigeria Aviation varsity commences November 2022 – Sirika

3 years ago

WAW Detergent named One of 100 Brands Transforming Africa

3 years ago

FOLLOW US

  • 86.2k Followers

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

BROWSE BY TOPICS

2023 Benue Budget Abuja-Kaduna Rail Access Corporation Access pension airports concession Aviation Ayu Benue Budget Benue Community Buhari Business CBN Central Bank Dana Air Economy FGPL Herdsmen Herdsmen attacks insecurity insurance Maritime Min of Transport MSMEs NAICOM NCAA Nigeria Nigeria -Cameroon Border Post Nigeria Air NRac Onne Port ooh Orrom Ortom PDP PenCom pension Railway Sambo Jaji Transcorp Transcorp Group Transcorp Hotels Plc UBA Ukohol Wike Wildon Ideva

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Economy Footprint

The EconomyFootprint is published by Ideas Tent Communications Ltd®. All Rights Reserved.

Follow us on social media:

Recent News

  • Tony Elumelu Bags 2025 Appeal of Conscience Award 
  • Leadway Pays Abot N500bn Claims in 9 Years
  • Troops Crush Bandits Attack, Kill Two Terrorists in Taraba

Category

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Recent News

Nigeria’s Economy Requires More Than Short-term Interventions – Elumelu

Tony Elumelu Bags 2025 Appeal of Conscience Award 

October 2, 2025
Leadway Assurance Pays N67 Billion Claims in 2023

Leadway Pays Abot N500bn Claims in 9 Years

October 2, 2025
No Result
View All Result
  • Home
  • Politics
  • News
  • Sports
  • Opinion