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In a bold financial move, Nigeria has launched a $2.25 billion Eurobond issuance, even as geopolitical tensions swirl. The sovereign debt is split into two tranches—10-year and 20-year—offering yields of 9.125% and 9.625%, respectively. The timing is notable. Despite recent threats of U.S. military action tied to religious violence — remarks attributed to former Pres...
CBN Launches New Financial Tools to Boost Nigeria’s Non-Interest Banking Sector! ✨Detailed Breakdown:1. Introduction of Three Non-Interest Financial InstrumentsThe Central Bank of Nigeria (CBN) has unveiled three new financial instruments to deepen and strengthen the non-interest (Islamic) banking sector in Nigeria.2. What Are These Instruments?• Nigerian Non-Interest Financial Institutions�...
