2007 – 2018: Nigeria’s debt story
The Vice President of Nigeria, Yemi Osibanjo, was quoted as saying In 2010 our debt was $35 billion, $41 billion in 2011, $48 billion in 2012, $64 billion in 2013, $67.7 billion in 2014, $63.
Is there hope for the naira?
As I write this, crude oil is trading at $36.19, the naira is trading @ 275 to a dollar and 405 to one British pounds.
Investing in Treasury Bills in Nigeria
Nigerian Treasury bills (NTB) are short term debt securities issued by the Federal Government of Nigeria. They are discount securities.
