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Nigeria: Central Bank's $7.5 Billion Loans From U.S. Lenders Mar Nigeria's Credit Rating
Premium Times, 13 August 2023
Nigeria's dollar bond due in 2030 sank 2.295 cents to its lowest level in the past one month on Friday at 83.221 cents as a crisis of confidence in the economy heightened among… Read more »
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Nigeria: CBN's Annual Report Shows Sharp Deterioration in Credit Quality As Lending to FG Mounts
Premium Times, 12 August 2023
Credit loss expense for the apex bank rose to N875.2 billion from N498.2 billion a year earlier, according to its recently released audited earnings report. Read more »
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Nigeria: Jp Morgan Closes Bearish Nigeria View, Says Election Risks Now Easing
Leadership, 2 March 2023
Wall Street investment bank JPMorgan closed a key bearish bet on Nigerian assets on Tuesday, saying the risk of potential problems from the west African country's national… Read more »
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Nigeria: Nigeria Still On JP Morgan's Bond Index, Reclassification Not Due to CBN Lapses - Emefiele
This Day, 26 May 2022
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has clarified that Nigeria is still on the JP Morgan Bond Index contrary to recent reports that the country… Read more »