POBLYSH DAILY
ISSUE OF
The biggest business stories moving African markets, with the outlets that reported them.
United Nigeria Airlines seeks N20bn, while Fitch turns positive on nine Nigerian banks and Dakar authorities stop a toxic meat container.
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United Nigeria Airlines targets N20bn from series 1 and 2 commercial paper issuance – Businessday NG
United Nigeria Airlines Company Limited (United Nigeria) is targeting to raise up to N20 billion as its Series 1 and 2 commercial paper issuance.
Why it matters: United Nigeria Airlines is seeking up to N20 billion, signalling a planned commercial paper raise for investors to track.
Businessday NG · Nigeria · 15 October
Dakar Port: A toxic meat container sought before it is put on sale
A report from Interpol Banjul helped avert a major health threat to Senegalese consumers before the meat could be sold.
Seneweb · Senegal · 15 October
Fitch revises outlook on Nigerian banks to positive after sovereign action – Businessday NG
Fitch has moved the outlooks on nine Nigerian banks and two bank holding companies to Positive from Stable after sovereign action.
Businessday NG · Nigeria · 15 October