Nigeria raised 89.76 billion naira ($561.46 million) at an auction of government bonds on Wednesday, its first debt auction in the year with yields higher than at its previous auction, the Debt Management Office said on Thursday. The debt office said it auctioned 19.76 billion naira in the 10-year bond […]
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Nigeria naira firms to 3-week high vs US dollar
The Nigerian naira firmed to a 3-week high against the U.S. dollar in the interbank market on Wednesday after oil companies sold the greenback and the central bank auctioned $250 million at its biweekly forex market. The naira closed at 160.05 to the dollar on Wednesday, the same level it […]
SEC approves extension of Union Bank’s Rights Issue
PRESS RELEASE The Securities and Exchange Commission (SEC) has approved the extension of the Union Bank Rights Issue billed to have ended on January 20. The offer has now been extended till February 10, 2012. The need to seek for the extension according to a statement from Head, Corporate Affairs […]
