October 15, 2015/Reuters Nigeria issued 120 billion naira ($600 million) worth of naira-denominated bonds maturing in 2020 and 2024 at an auction on Wednesday, at lower yields than the returns at its previous auction, the Debt Management Office said on Thursday. The returns on the paper reflected the prevailing low […]
Money Market
Financial Access: Why We’re Celebrating Credit Unions on #ICUDay
October 15, 2015/ MasterCard We work with some of the world’s biggest financial institutions, and we also work with some of the smallest. Regardless of size, these organizations have a big impact on the lives of their customers and members. They’re there for some of the biggest moments—starting a business, […]
CBN Boost FOREX Peg to N196.98/$1
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Monday boosted its foreign exchange (FOREX) rate peg slightly to N196.98 against the United States U.S dollar on the interbank market from N197 it set last week, according to a Reuters report quoting traders. The report quoted traders as saying […]
