Exclusives

Nigeria bank divide widens as cash shortage chokes small lenders

by BLOOMBERG

June 13, 2017 | 11:27 am
  |     |     |   Start Conversation

The divide between the haves and the have-nots among Nigerian banks is widening. The country’s biggest lender is so flush with cash it plans to repay $400 million of bonds when they become due in November 2018 rather than raising additional debt, while the next two largest banks sold international bonds for the first time…

login to view this content or Register here
Tags: , ,

by BLOOMBERG

June 13, 2017 | 11:27 am
  |     |     |   Start Conversation

Big Read |  

Analysis

Desired attributes of Nigeria’s next CEO

The 2019 elections would be significant in several respects. It would be the sixth general election since the return to...


MTN Banner ADS 2

BRIU

WSE

Election Banner