Foreign Investors Snap up Nigeria’s N1 Trillion Special Bond

Author Avatar

Arise News

Joined: Mar 2024
Spread the love


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 %

User Score

0 ratings
Rate This

Sharing

Leave your comment

Your email address will not be published. Required fields are marked *

26 Comments

  1. 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.

  2. 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)🤣🤣

  3. 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.

  4. 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.

  5. 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.

  6. 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

  7. 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.

  8. And this guys would still blow the money gotten from the bond sales stupidly,21% it shows the level of Nigeria's economy 😢😢

  9. 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.

  10. 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.

  11. 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)