Debt Crisis

Debt Crisis

States’ finances, revenues offer insights into potential debt exposure crisis

Micheal Ani Feb 27, 2019

The current financial viability of Nigerian states offers a clue on the possible crisis that might befall them if they...

Debt Crisis

Afren gets a months grace for $65 mln in debt payments

BusinessDay Jan 31, 2015

Oil producer Afren Plc, struggling with looming debt payments, said lenders had agreed to defer a $50 million amortisation payment...

Debt Crisis

Sub-Saharan Africa’s sub-prime borrowers

BusinessDay Jun 26, 2013

In recent years, a growing number of African governments have issued Eurobonds, diversifying away from traditional sources of finance such...