Debt market
Checklist review: Operators to bear liability, SEC says
The Securities and Exchange Commission has said issuing houses would bear the resulting liability of incomplete or deficient documentation under…
2018: Lagos has highest foreign debt profile, Yobe lowest —NBS
The National Bureau of Statistics said Nigeria’s foreign debt stood at 25.27 billion US dollars as at 31st December, 2018.…
Turkey to inject $4.9 billion into state banks in economy reform package
Turkey pledged on Wednesday to boost the capital level of banks and relieve bad debts in a sector left reeling…
Nigeria’s inflation falls, amidst rising food prices
In sharp contrast to analysts' forecast, Nigeria's annual inflation rate declined marginally to 11.26 per cent in October 2018 from 11.28…
Lagging revenues from sectors masks Nigeria’s diversified economy, says Agusto & Co analyst
Jimi Ogbobine, lead researcher at Agusto & Co, has downplayed the argument for the need to diversify Nigeria’s economy, saying…
FG owes 81% of Nigeria’s $22bn external debt – DMO
Nigeria’s Debt Management Office (DMO) says the federal government is accountable for 81 percent of the total debt owed externally…
Petra Diamonds sees brighter 2018 after warning of debt breach
A possible breach of its banking agreements does not pose a big risk to Petra Diamonds because its finances will…
