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Thursday 31 December 2015

Forex scarcity may affect banks’ eurobond obligations

Forex scarcity may affect banks’ eurobond obligations
31 December 2015, Abuja – Foreign exchange scarcity rocking the financial system may not have been over yet, as pending corporate bond debts, particularly banks, and its coupon repayments now pose a greater challenge to the lenders. Specifically, the nation’s deposit money banks have about $3.4 billion worth of eurobonds issued in the last few […] More »

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