Category Archives: Debt Instrument

Understanding Forex, External Reserves, and the Naira Exchange Rate (1)

Mike Obadan Posted October 11, 2021 Over the past few months, developments in the Nigerian forex market have elicited reactions from stakeholders, some of which reflect an understanding while others do not. This article seeks to shed light on issues relating to foreign exchange, external reserves and the volatility of the exchange rate of the […]

Call on the region to work together to capitalize on available IMF financing

Caribbean Development Bank (CBD) President Dr Hyginus ‘Gene’ Leon has proposed that the US $ 2.5 billion in Special Drawing Rights (SDRs) available to Caribbean countries from the International Monetary Fund (IMF) ) be pooled to unlock even more funding in the capital markets. Dr. Leon also expressed his intention to present a proposal to […]

Naira Falls suite at N414.73 / $ 1 at the spot market

By Adedapo Adesanya The Central Bank of Nigeria (CBN) revealed that the Nigerian payments system attracted investments of around $ 500 million between 2015 and 2020. The governor of the national lender, Mr. Godwin Emefiele, said this Wednesday when speaking in Enugu at the 31st Financial Correspondents and Business Publishers Seminar on the topic Nigerian […]

Manchin won’t reform filibuster to avoid debt ceiling

Joe Manchin is very supportive of any solution to the debt limit crisis that doesn’t bother his dear friend, filibuster. Photo-Illustration: Intelligence; Photo: Anna Moneymaker / Getty Images Amid all the turmoil among Democrats over obstruction, the main instrument of Republican obstruction, there has been an underlying stream of hope. The idea was that a […]

I tried the Squid Game Honeycomb Challenge – and it’s harder than it looks

The Honeycomb Squid Game Challenge, among other games featured in the South Korean survival thriller, has piqued the curiosity of many Netflix viewers who are intrigued to see if they could beat the characters in the series. Naturally, I also wanted to test my pressure honeycomb sculpting skills. However, the process ended up being a […]

Tired of the skyrocketing cost of living? The fault of your deputy

Joint parliamentary session in Nairobi on Wednesday May 5, 2021. [David Njaaga, Standard] The recent record rise in prices at the pump has shocked Kenyans. The increase was a double whammy for many people who were already worried about losing their jobs due to the coronavirus pandemic, while others had to endure pay cuts as […]

No plans to ban crypto in US, digital dollar can win

In the United States, there will be no ban on cryptocurrencies – but one wonders what will happen to central bank digital currencies, especially the digital dollar, when (maybe if) they will be. introduced into what will undoubtedly be a crowded digital currency realm. choices. Federal Reserve Chairman Jerome Powell at a hearing on Capitol […]

Richard H. Kirk, post-punk pioneer of industrial music, dies at 65

Richard H. Kirk, founding member of the English group Cabaret Voltaire and a major figure in the creation of the post-punk style known as industrial music, has passed away. He was 65 years old. His death was confirmed by his former record company, Mute, in an Instagram post on September 21. The publication did not […]

Evergrande could survive, but its leaders expect a fate worse than debt

A large, financially interconnected company is on the verge of collapse, weighed down by massive debt. The government is considering a bailout. There is no easy answer. Doing nothing risks causing serious financial upheaval. But bailing it out will signal that greed, irresponsibility and moral hazard have no consequences. It’s a tough call. And if […]

Health Logic announces proposed actions for debt transaction

Copyright 2021 PR Newswire. All rights reserved2021-10-01 TSXV: CHIP.H CALGARY, AB, October 1, 2021 / CNW / – Interactive Health Logic Inc. (“Health logic“or the”Society“) (TSXV: CHIP.H) (OTCPK: CHYPF), is pleased to announce that it has entered into debt settlement agreements (the”Debt settlement agreements“) with certain directors, officers and consultants of the Company (the”Parties“) by […]