Substantial Naira Devaluation Inevitable to Unlock FX Liquidity –CHD. As the Central Bank of Nigeria’s planned foreign exchange (FX) intervention sales set to commence, Chapel Hill Denham has said that substantial naira devaluation is inevitable to unlock liquidity.
Debt Refinancing: C&I Leasing to Float N10bn BondC & I Leasing Plc said it has perfected plans to raise N10 billion from the capital market through bond issuance.The company explained that the objective of the issuance is to refinance its debt and boost capital structure.MarketForces reported recently that companies...
Terrible Unemployment Rate Suggests Need for Reforms – AnalystsInvestment banking experts at Chapel Hill Denham Limited has said that weak labour market underlines the need for reform in Nigeria as misery index jerked up.In its macroeconomic note, experts at the investment frim advise policy makers to expand economic...
