The Debt Management Office plans to sell N83.91bn ($515.26m) worth of sovereign bonds ranging between five and 10 years at its regular auction on June 27.The debt office on Thursday said in a statement that it would sell N30bn each in five-year and seven-year paper, while it plans to auction […]
Author: InvestAdvocate
‘Naira’ll appreciate with improved productivity’
The Executive Programme Director, Self-Reliance Economic Advancement Programme, (a micro-finance institution), Mr. Olatunde Oladokun, has said that the depreciation of the naira is negatively affecting financial institutions, business transactions and economic development of the country. The naira has continued to decline, prompting some local currency dealers to fear that it […]
SEC: Bolaji Bello emerge Ag DG as Udoma, Ekineh’s tenure expires
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Bolaji Bello, Director of Finance and Administration of Nigeria’s Securities & Exchange Commission (SEC) Thursday has been appointed by the Federal Government (FG) as the Acting Director General SEC as Udoma Udo Udoma, Daisy Ekineh and others tenure expires Friday June 15 2012. Ngozi Okonjo-Iweala, […]
