Nigeria has sold 101.22 billion naira ($642.26 million) in treasury bills with maturity ranging from three months to six month, the central bank said on Thursday, and yields were down more than 100 basis points due to strong demand for the paper. The central bank sold 37.49 billion naira of […]
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Nigeria to sell 105 bln naira worth of T-bills
Nigeria plans to issue 104.70 billion naira ($664.34 million) from treasury bills ranging from 3-month to 1-year maturities at its regular bi-monthly debt auction on Sept. 27, the central bank said on Thursday. The bank said it will issue 21.84 billion naira in 91-day paper, 59.08 billion naira in 182-day […]
Jonathan May Reverse Introduction Of Single N5,000 Note
There are strong indications that President Goodluck Jonathan may eventually yield to popular demand by reneging on an earlier endorsement to the proposed Naira restructuring by the Central Bank of Nigeria (CBN). Earlier in the month, CBN had announced a controversial restructuring of the Naira, headlined by the introduction of […]
