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Fear of sovereign debt defaults takes toll on banks, economic outlook

As African governments fight to stave off debt distress, experts have expressed fear that a likely default could create a wide hole in the books of Nigeria’s banks and erode their profitability.

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Fear Of Sovereign Debt Defaults takes Toll On Banks, Economic Outlook

Fear Of Sovereign Debt Defaults takes Toll On Banks, Economic Outlook
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Amaechi egboDavid adonriVictor chiazorBen akabuezePaul uzumUnited bankAfrica plcAccess bankCentral bankFirst bankGuaranty trust bank plcAccess bank plcAccess holdco plcAgusto coHead of researchZenith bank

Oil Theft, Petrol Subsidy, Push Nigeria s Currency to N700/$1 in Parallel Market – THISDAYLIVE

Oil Theft, Petrol Subsidy, Push Nigeria s Currency to N700/$1 in Parallel Market – THISDAYLIVE
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Amid Plunge in Nigeria s Eurobond Prices, Yield Hits 13 76% High – THISDAYLIVE

Amid Plunge in Nigeria s Eurobond Prices, Yield Hits 13 76% High – THISDAYLIVE
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Nigeria redeems $500m Eurobond, $10 37bn outstanding

Nike Popoola The Debt Management Office has said that Nigeria’s 6.75 per cent $500m January 2021 Eurobond, which matured on Thursday, will be rede.

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