The Punch on MSN
Nigeria’s $5bn swap deal triggers Fitch warning
Nigeria’s proposed $5bn total return swap financing arrangement could expose the country to additional debt-management and liquidity risks despite its potential benefits, global rating agency Fitch ...
NIGERIA’S proposed $5 billion Total Return Swap arrangement with First Abu Dhabi Bank is perhaps the most innovative sovereign financing transaction ever attempted by the country. It may also become ...
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