By Ademola Alawiye with agency report The Debt Management Office said on Thursday that it sold N60bn ($383.3m) in five-year and three-year sovereign bonds at its third debt auction of the year, adding that the yields edged higher than the previous auction in February. The debt office added that it […]

By Ademola Alawiye The Central Bank of Nigeria on Monday intervened in the foreign exchange market as it offered $400m for sale at the foreign exchange auction. The CBN in a statement on its website, said, “Further to our circular Ref. FMD/FED/CIR/GEN/01/082/10 of December, 29 2010, the CBN hereby intervenes […]

  By Emeka Ezekiel, Abuja The Central Bank of Nigeria has recovered N2bn from Deposit Money Banks, being money wrongly deducted from bank customers using Automated Teller Machine cards within the last one year. The CBN Governor, Mr. Lamido Sanusi, disclosed this during a stakeholders’ forum on financial services organised […]