Nigeria under President Bola Tinubu has introduced measurable economic policy shifts: foreign exchange framework consolidation, fuel subsidy removal and tax
Africa Finance Corporation (AFC) has acted as Co-Financial Adviser to the Federal Government of Nigeria on the successful issuance of
Private-sector investors are preparing legal action against Ethiopia over its $1 billion Eurobond default, after official creditors—led by China and
When African Export-Import Bank announced that it had formally terminated its credit-rating relationship with Fitch Ratings, the language was unusually
CardinalStone’s central case—an average oil price of about $55 per barrel in 2026—is materially below the Federal Government’s 2026 budget
Nigeria’s fiscal governance is sending mixed and increasingly confusing signals. Taken together, recent developments raise a fundamental question for investors,
In a commentary for The Brookings Institution, Bright Simmons advanced a sharply contrarian position on Africa’s debt debate, arguing that
President Bola Ahmed Tinubu has approved the cancellation of $1.42 billion and ₦5.57 trillion in legacy debts owed by Nigerian
A five-member panel of the Supreme Court, led by Justice Lawal Garba, on Friday ruled in favour of Fidelity Bank
Nigeria has formally launched the ₦4 Trillion Power-Sector Bond Nigeria, a landmark sovereign bond issuance designed to clear verified debts
Africa Finance Corporation (AFC) has closed a landmark US$524 million equivalent dual-currency Samurai term loan facility. The transaction marks AFC’s
Nigeria’s total public debt climbed to N152.39 trillion in the second quarter of 2025, rising from N149.38 trillion in the
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