Culled—Proshare March 23, 2017 by Ifeanyi Onuba, Punch Newspapers The Deputy Governor, Economic Policy, Central Bank of Nigeria, Dr. Sarah Alade, will today (Wednesday) officially retire after 24 years of active service in the apex bank. She joined the CBN in 1993 as an Assistant Director in the Research Department, […]
Updates
$354mm Settles as 9th OTC FX Futures Contract Matures on FMDQ
March 23, 2017/FMDQ OTC The OTC FX Futures market recorded a circa 25% increase in the notional amount matured in February 2017, $266.17mm, to $354.00mm, being the 9th Naira-settled OTC FX Futures contract, NGUS MAR 22 2017, which matured and settled on Wednesday, March 22, 2017, on FMDQ OTC Securities […]
Nigeria issues new retail savings bond to raise $7 million
March 23, 2017/Reuters Nigeria’s debt office said on Thursday it raised 2.07 billion naira ($6.6 million) from a new two-year savings bond intended for retail investors. Nigeria forecasts a budget deficit of 2.36 trillion naira in 2017, half of which it aims to fund through domestic borrowing. The Debt Management […]
