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    How High Interest Rates Are Pushing Nigerian Companies to Sell More Shares

    1 day ago

    Borrowing in Nigeria has become too expensive for many companies. With the monetary policy rate around 27% and commercial lending rates commonly in the 30% range sometimes up to 36% more listed firms are choosing to raise money by selling shares instead of taking bank loans. Equity funding is attractive for one simple reason: it … The post How High Interest Rates Are Pushing Nigerian Companies to Sell More Shares appeared first on Business Elites Africa.
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