Tag Archives: Finance

Liquidity inflows totaling N1.02 trillion will hit the interbank money market this month aggravating the volume of excess cash in banks.

Liquidity inflows totalling N1.02 trillion will hit the interbank money market this month aggravating  the volume of excess cash in banks. The inflows comprise N335.13 billion coupon (interest) payment on FGN Bonds, N390 billion matured secondary market treasury bills (Open Market Operations, OMO), and N295.33 billion from matured primary market treasury bills (Nigeria Treasury Bills).  Money market dealers who spoke ...

A breakdown shows that insurance companies constitute bulk of the defaulters with seven of the 24 companies so far this year being operators from the sector.

According to the President, specifically, the Bill provides for enhanced domestic revenue mobilisation efforts to increase tax and non-tax revenues.

Zambia, one of the world’s largest copper producers, became Africa’s first COVID-era sovereign defaulter in November 2020 after years of chronic government overborrowing drove its debt burden above 120 per cent of annual economic output.

...the tribunal boosts international recognition for the Nigerian capital market being the first of its kind in Africa.

The handbook discusses the fundamentals of sovereign debt, including the technical, financial and legal aspects of debt instruments and the markets in which they are traded   The African Legal Support Facility (ALSF) has launched a handbook on sovereign debt aimed at improving users’ understanding of the subject and offering development and implementation strategies and tips to avoid over-indebtedness. The ...