In this brief primer, we will discuss the concept of securitization and the basis for their use, as well as their impact on the economy. 1.0       The Concept of Securitization Securitization is well established and practised in the global debt capital market. Some sources describe it as the practice where issuers merge different financial assets […]

INTRODUCTION  The Central Bank of Nigeria (CBN) approved the implementation of the guidelines on Global Standing Instruction (GSI) to ensure practical debt recovery machinery through the use of which outstanding loans can be legally recovered from defaulters who have refused to offset the debt advanced to them by the crediting banks, long after they have become […]