Thirst for debt: Companies’ borrowing to remain robust in 2021
By Corporate debt issuance in Nigeria is expected to remain robust throughout 2021 even as interest rates begin to rise from last year’s record low levels, according to a new research by GCR Nigeria credit ratings. Nigerian corporates issued a record N1.02 trillion ($2.69bn) of local currency debt instruments in 2020, the highest since at least…
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