By Ademola Alawiye Following the increase in the inflation rate, the Central Bank of Nigeria has announced that it plans to auction N76.73bn in 91,182 and 364-day treasury bills next Wednesday to control inflation. According to information from the apex bank, CBN will auction N30bn in 91-day bills and N46.73bn […]

By Bolaji Solagbade with agency report The naira will be strengthening in the coming week on dollar flows from the energy sector, currency dealers have said. They added that apart from the naira strengthening on expectations of large dollar inflows from energy companies, the conclusion of the presidential elections that […]

By Ademola Alawiye The Debt Management Office said on Thursday that it sold N70bn ($452.5m) in five-year and three-year sovereign bonds at its fourth debt auction of the year. The debt office, in a statement on its website, said it sold N35bn each in the five-year and three-year instruments at […]