Aliko Dangote Advised Nigerian Govt Before S&P Downgraded Nigeria’s Credit Rating
The richest man in Africa, Nigerian-born billionaire, Aliko Dangote, told American network, CNBC on the CNBC Africa on Friday that a wave of asset selling by the federal government could be the best way to boost Nigeria’s recession-hit economy . . .
Continue reading “Economic Recession: S&P Downgrades Nigeria’s Credit Rating”
Nigeria is going through biting recession on the way to a bigger recession accompanied by galloping inflation and looming restlessness among the citizenry. As one of the panacea, the federal government will soon commence the selling of $1 billion in Eurobonds to finance a budget deficit, Nigerian officials said on Friday . . .
Continue reading “Recession: Nigeria to sell $1 billion in Eurobonds”