Don’t Sell Our National Assets Because Of Recession, Activist Warns President Buhari, FG

As controversy still rages on the selling of Nigeria National Assets to boost the revenue base of the nation, a human rights activist and Executive Chairman, Centre for Human Rights and Social Justice (CHRSJ) , Comrade Adeniyi, Alimi Sulaiman has warned the President Muhammadu Buhari led Federal Government against selling the National Assets because of […]

FX Scarcity Heightens Concern over Banks’ Eurobond Obligations

The broad effects of low oil prices and production disruptions, which have resulted in a significant reduction of foreign exchange earnings, have raised concerns about some banks’ ability to honour their Eurobond obligations upon maturity. Some of the offshore funds that were raised by the banks to expand operations and finance foreign currency infrastructure projects […]