Market Review: Why Nigerian Corporates Should Leverage The Debt Market For Refinancing - Ebo Ayodeji
As the impact of the Global pandemic continues to impact the financial markets and economies including Nigeria, Corporates are exploring various options to achieve sustainability and continue with key projects that derive value and boost revenue for them.
Mr Ebo Ayodeji MD, Afrinvest Securities in this edition of the Market Review anchored by Ottoabasi Abasiekong highlights the opportunities for Corporates in the Debt Market, even as a recent report from the FMDQ Securities Exchange showed that it admitted over N23bn securities to its platform.
The seasoned market player believed this period was a good opportunity for the Corporates, to access the debt market space that has been dominated by the Government.
According to him the refinancing of expensive and existing debts will be feasible through a low interest rate environment in the real sector, which has informed the appetite of Corporates for commercial papers and bonds.