Markets
Nigeria's Contingent Liabilities Hit N7.84 Trillion as Total Return Swap Absorbs N2.74 Trillion
Nigeria's federal government guarantees and other contingent liabilities have climbed to N7.84 trillion, with about N2.74 trillion of that exposure tied up as collateral under a $1.5 billion Total Return Swap.
Abiodun Abdullahi2 min read