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Cash-less policy’ll not hurt low-income group – Sanusi

The Governor, Central Bank of Nigeria, Malam Sanusi Lamido Sanusi, has reiterated that the cash-less policy of the bank will not affect low-income group adversely as being speculated. Sanusi made the remark at the opening of the three-day 17th Seminar for journalists organised by the bank in Akure on Wednesday. […]

Nigeria issues 75 bln naira in 2017, 2019, 2022 bonds

Nigeria sold 75 billion naira worth of 5-year, 7-year and 10-year bonds maturing in 2017, 2019 and 2022 at a regular auction on Wednesday, the Debt Management Office (DMO) said on Thursday. The debt office said it sold 25 billion naira of each paper. The yield on the 5-year bond […]

Nigeria plans 154.9 bln naira T-bill sale

Nigeria plans to auction 154.9 billion naira ($962 mln) in treasury bils with maturities ranging from three months to one year at a twice monthly debt auction on July 26, the central bank said in a public notice. The bank said it will sell 34.8 billion naira in 91-day paper […]