Nigeria sold 130.23 billion naira($794.42 million)short-dated treasury bills at an auction on Thursday, even as yields on the papers climbed again compared with the trend at the previous auction, the central bank said on Friday.  The regulator auctioned 37.49 billion naira of 91-day treasury bills at 14.09 percent, a slight […]

Nigeria’s interbank lending rates have eased this week to an average 14.33 percent from 15.83 percent last week, supported by greater liquidity thanks to inflows of budgetary allocations for wages and government agency running costs, market sources said on Friday.  Dealers said that though the central bank has increased the […]

By Investadvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Friday announced it has lifted the suspension placed on the Shares of Union Bank of Nigeria Plc (UBN) and has listed the Bank’s 2,533,125,000 Ordinary Shares of 50 Kobo par value at N11.15. This was contained in a notice by the Exchange […]