Critics say growing use of total return swaps is piling on risks for cash-strapped countries and their creditors ...

Nigeria is joining other Africa borrowers including Senegal and Angola ⁠that have tapped similar arrangements over the past ...

Nigeria plans to raise $5 billion through a derivatives transaction with First Abu Dhabi Bank, as it looks for lower-cost funding amid rising global yields. Lawmakers approved President Bola Tinubu's ...

A drone view of commercial hub of Lagos Island, in Lagos, Nigeria, November 3, 2025. REUTERS/Sodiq Adelakun LONDON/ABUJA, April 2 (Reuters) – Nigeria plans to borrow up to $5 billion through a ...

A 30.56% advertised yield sounds like a compelling income solution until you look at what happened to the principal behind it ...

The House of Representatives has approved President Bola Tinubu’s request to borrow $6bn from lenders in the United Arab Emirates and ...

Senegal saved $64 million using swaps, says finance minister IMF was informed of swaps during regular exchanges, Diba says IMF says does not have specific transaction terms DAKAR, March 26 (Reuters) - ...

As geopolitical tensions in Iran send interest rates soaring, Nigeria is pivoting away from traditional borrowing to stay ...

Debt-laden Senegal has denied a report in the Financial Times that it covertly borrowed 650 million euros ($754 million) to avoid a default, saying it acted in line with "market transparency rules".

The investment seeks to pay weekly distributions; the fund’s secondary investment objective is to provide calendar week returns, before fees and expenses, that correspond to 1.2 times (120%) the ...

Senegal has defended its use of complex financial deals to raise money more cheaply, after scrutiny over transactions that helped it secure hundreds of millions of dollars outside global debt markets.