Nigeria: Forex scarcity may affect banks’ Eurobond obligations

01 January 2016, Lagos – 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 »