Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

Lagos Approves N85 Billion Special Bond for Capital Projects The Lagos State House of Assembly has approved Gov. Babajide Sanwo-Olu’s request for N85 billion Special Dispensation Bond to finance capital projects in the state. The Chairman, House Committee on Finance, Rotimi Olowo, disclosed the approval to the House of Assembly’s Correspondents on Tuesday in Lagos. Olowo said the request from the governor had two aspects; the first was request for an approval for Bond Bridge Loan which would allow the state to access bond market as soon as possible. He added that the second was a loan from a commercial…

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