The global bond selloff is exposing a risk Nigerian investors can overlook when buying investments described as fixed income. Interest payments can remain unchanged while the amount an investor could recover by selling falls.
The funds were raised through eight Federal Government of Nigeria bond auctions conducted by the Debt Management Office during the period, as investors continued to show strong appetite for government securities despite the government’s cautious approach to borrowing costs.
An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
