“First known as the Nigerian Institute of Stockbrokers, the Chartered Institute of Stockbrokers has been in existence since 1990. It was initially incorporated as a private company limited by guarantee and was later chartered in 1992 by the Act 105 of the Federal Republic of Nigeria. It is the only […]
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Nigerian Naira Strengthens the Most in Two Weeks on Dollar Sales
By Emele Onu, Bloomberg Nigeria’s naira strengthened the most in two weeks after the central bank and oil companies sold dollars. The currency of Africa’s top oil producer appreciated 0.5 percent to 162.1050 per dollar in the interbank market as of 3:29 p.m. in Lagos, the biggest gain on a […]
Nigeria plans 200-280 bln naira 5-10 yr bonds in Q3
Nigeria plans to raise between 200 billion and 280 billion naira ($1.23 billion – $1.72 billion) in sovereign bonds ranging between 5 and 10 years in the third quarter of the year, the Debt Management Office (DMO) said on Thursday, less than its second quarter debt issuance. The debt office […]
