Foreign Investors Snap up Nigeria’s N1 Trillion Special Bond
Foreign Investors Snap up Nigeria’s N1 Trillion Special Bond
ARISE Business Correspondent Rotus Oddiri discussed Naira appreciation and the CBN clearing its FX backlog along with other international business headlines
Subscribe to our Channel for high profile interviews. Follow us on Twitter at https://twitter.com/ARISEtv |
and Instagram: https://www.instagram.com/arisenewsofficial |
and Facebook:…
source
Reviews
0 %
Waoo
BeautiFUL BackGround the Reporter is reporting from….
I hope they won’t use that money to buy cars for the politician.
can someone please educate me, these t. bills and bonds are they not credit facilities to be paid back with 21% interest rates to the holders?
if so what are we doing with all the dollar inflows I dont understand these dynamics please a more enlighthend person should please educate me.
All those billions nothing compared to what we can earn having 24/7 power
Bond? No chip making g in nigeria? Hmmmmm
Rufai ❤
Good job as always 👏 Dr Ruben Abatti for the indepth analysis 😊
Lack of security chasing Multi-,national concerns to avoid investing in Nigeria. Others are leaving Nigeria and counting their loses….Anything Nigeria earns, will be shared amongst the rogues in power….(who are now rubbing their hands in anticipation)🤣🤣
Raising rates should be commensurate and higher than inflation if Naira is going to make any headway for the short term.
You must not be a pastor for you to be appreciated… I really appreciate you guys for your analysis… Especially doc Abati love your analysis…
Not sure how all that story about the US is relevant to the Nigerian Audience.
The problem with Nigeria’s Economy is good in theories The actual results is hard to be seen. Until the people’s start feeling it that when you can give credit to pull the country out of the economic hardship. All this talk is hope.
Thank you Rotus. I can see Uve stop arguing with this Rufai guy that only like to talk and argue on things he doesn’t know anything about or have knowledge of. You have put him in his place.
Thank you, Abbati, for your analysis and commendation, Unlike Rufai, who feeds his gulfans unreasonable analysis and data.
Access bank need to be strict with loans to avoid liquidity and credit risk please. Those NPA(NON PERFOMING ASSETS) are disease and most importantly proper information asymmetry policy to curb risk. Curruption is not good,it spoils economy and devalue currency.. tinubu maybe a thief but i belive he was a formal banker and understand how these things work.. looting and stealing moneg raises and inflict inflation.. am in the uk 🇬🇧 and they fight inflation like nothing… bridge the gap between rich and poor and reimburse these funds into the economy and you will make more money. Those uncontivated lands should be put to good use.. if we export more coco and other agric product we should realize something more than $600 billion every year.
Hopefully they hold to maturity at 21 percent hill.. im studying finance and now i understand why our seniors lecturers are teaching us deeply on bond,bills, notes and etc
Imagine…. being sold at discount and not still premium… what a joke 😢. Its still profitable at 19%
Rufai, you never hide yourself to be a membership card carrier of Labor Party. Very unprofessional journalists better go and learn from Seun of Channel TV on how to do journalism jobs without bias and with maturity.
What do you think about Biden economy in the United States?
And this guys would still blow the money gotten from the bond sales stupidly,21% it shows the level of Nigeria's economy 😢😢
Naive reporters, the CBN special bond is the new FX and Binance round tripping for Nigerians home and aboard to earn higher returns instead of their monies sitting inside low bank interest rates, has nothing to do with foreign investors.😅
If Nigeria looses (most likely) of the N1Trillion bond proceeds for investment or formula sharing among the elite inform of contracts or allocations, the investors get their promised returns. No be today, all the ones they sold 10-20yrs ago hasn't yield any positive ROI to the Nigerian economy but more loan borrows/debts.
I am often baffled by the tendency of Nigerian journalist to lead with foreign news that has nothing to do with Nigeria. This is a clear-cut of inferior complex. At most the news from the American Fed should be a side news and never the lead.
this is literally exaclty what happened in kenya a month ago. the over subscribed bond that many locals didnt realize was even being floated, the rally of the local currency (to the point it is now the worlds best performing currency)
It's like some Nigerians don't want to see Nigeria succeeds. But why, is that not witchcraft 😢????????
Are you reporting for nigerian economy or usa economy😂