25/4/2016/Reuters The Nigerian government will allow cash-strapped states to defer deductions for loans in March so that they will have sufficient funds to pay salaries, the finance ministry said on Monday. The government will instead make loan repayments to bondholders on the states’ behalf, the ministry said. Deductions of 10.9 […]
Tag: Bondholders
Bondholders endorse Kaduna’s N8.5bn restructuring
Bondholders in the Kaduna State N8.5bn 12.5 per cent coupon bond have approved plans to restructure it from bullet repayment to amoritising repayment of principal. They unanimously gave the approval at a bondholders’ sensitisation meeting held in Lagos on Friday, following a proposal by the Kaduna State Government, which is […]
