By July 1, 2010 02:12AM   The federal government has continued to borrow from the primary market in a bid to raise funds and also to check inflation. The Debt Management Office (DMO) last week raised a total of N228.36 billion in three, 10 and 20 year bonds. […]

  THURSDAY, 01 JULY 2010 01:24   The Nigerian naira NGN=D1 rose to 150.05 to the U.S dollar on Wednesday, its highest level in three months, after some energy firms sold about $192 million at the interbank this week, traders said.   “There have been some dollar inflows from energy […]

  THURSDAY, 01 JULY 2010 01:09   In recent years, trading and settlement volumes especially with the Securities Settlement System (SSS) have soared, as securities markets have become an increasingly important channel for intermediating flows of funds between borrowers and lenders and as investors have managed their securities portfolios more […]