Xi Jinping Scrutinizes Chinese Financial Institutions’ Ties With Private Firms

Chinese President Xi Jinping is zeroing in on the ties that China’s state banks and other financial stalwarts have developed with big private-sector players, expanding his push to curb capitalist…

Alarm, as FG chokes private sector out of bonds market

*FG raises N4.7 trillion as corporates elevate N802 bn YtD *Analysts advise possibilities on personal sector debt cash *Danger of sovereign default, financial nightmares rising, use of debt as funding…