Debt instruments are in a hierarchy of risk with the Federal government bond at the top of the ladder and sub-national bonds and corporate bonds following. As at Friday, 5 sub-national bond returned 2.5 percent in excess of the risk-free rate as a form of compensation for investors who tolerate the
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Ifeanyi John
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more