October 7, 2016/Fitch Ratings Frontier Markets Quarterly Sovereign debt levels and debt servicing costs have risen in sub-Saharan Africa (SSA) in recent years and will continue to do so in 2016 and 2017, Fitch Ratings says. The high share of concessional debt means that interest costs are not excessive for […]
Updates
FirstBank partners NESG to host 22nd economic summit
October 7, 2016/First Bank of Nigeria Ltd As part of the continued commitment to drive financial inclusion and sustainable national economic developmentFirst Bank of Nigeria Limited and FBN Merchant Bank Limited have partnered The Nigerian Economic Summit Group to host the 22nd Nigerian Economic Summit (NES#22) with the theme: ‘Made […]
Q + A on IMF Bilateral Borrowing Agreements
October 7, 2016/IMF Why does the IMF need bilateral loans again despite the recently enacted doubling of the quota? While quota resources on aggregate doubled early this year as the 14th Review quota increases became effective, borrowed resources under the New Arrangements to Borrow (NAB) were concurrently rolled back. As […]
