LCCI canvasses re-assessment of debt, nontax revenue sources
Lagos Chamber of Commerce & Industry (LCCI) has urged the Federal Government to consider borrowing at lower rates and also embrace more non-tax revenue sources […]
Debt
Riding the waves of naira volatility, debt services
Analysts predict a turbulent year for the naira as investors grapple with election fears and the impact of dollar loans on domestic economy. Assistant Business […]
Currency depreciation worsening debt service costs, says World Bank
Currency depreciation has worsened the debt servicing situation of emerging economies whose debts are denominated in United States’ dollars, the World Bank has said. The […]
‘Nigeria’s debt service costs to rise’
Nigeria’s debt service costs will continue to rise in the short to medium term, but the country has enough dollar liquidity to service the debts […]
Ellah Lakes gets approval for N2.9b capital raising, debt conversion
Ellah Lakes Plc has launched a multi-instrument capital restructuring plan with a view to strengthen the balance sheet of the agricultural company. The company plans […]
I reduced debt, left N14bn behind – Oyetola
Outgoing Governor of Osun State, Adegboyega Oyetola, has said his administration is leaving behind a total sum of N14 billion cash in the state’s coffers. […]
Infracredit supports green debt issue
InfraCredit, a specialised infrastructure credit guarantee institution, has announced credit enhancement of Darway Coast Nigeria Limited’s green debt issue. The debt issue is under a […]
UACN loses N1.1b on debt finance pressure
Nigeria’s oldest conglomerate, UAC of Nigeria recorded a pre-tax loss of N1.1 billion in the third quarter as the conglomerate struggled with high loan finance […]