Against the backdrop of lending rates that have climbed into the 30 percent range, Nigerian listed firms are increasingly warming up to equity capital as an alternative source of funding.
Beyond the trillions of naira raised by banks in their race to meet new paid-up share capital requirements, n
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.