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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Fund Profile/New Launches, Market

FG cautioned on Nigeria’s sovereign debt profile

Posted on 27 January 2012

Victor OgiemwonyiThe Federal Government of Nigeria has been warned to exercise restraint in the floating of Sovereign debt instruments, ensuring that the bonds do not lead to the escalation of the rising debt profile of the country. He further advised the government to ensure that the Sovereign Wealth Fund and the sovereign debt instruments begin their investment activities in equities in the Nigerian capital market.

Victor Ogiemwonyi, Managing Director, Partnership Investment Plc said Nigeria’s rising debt profile poses a serious threat to the economy, especially when viewed against the on-going crisis in Europe and the global financial landscape……………………………………….Full Article: Source


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