The National Pension Commission has thrown its weight behind the International Finance Corporation’s $50m bond to be issued on the Nigerian Stock Exchange. A statement by the commission on Monday said the bond, which is the first naira bond to be issued by the IFC, would offer more opportunity for […]
Tag: Nigeria
Naira falls on strong demand
The naira fell the most in almost a week on demand for dollars to fund gasoline imports. The currency of Africa’s largest oil producer weakened 0.1 per cent, the most since January 23 on a closing basis, to N157.13 a dollar as of 3:42 p.m. in Lagos, the commercial capital, […]
Oteh/Maina: National Assembly Will Enforce its Position, Says Ndoma-Egba
Senate Leader Victor Ndoma-Egba has said that the National Assembly would use the powers at its disposal to ensure compliance with its resolutions on the sack of Director General of the Securities and Exchange Commission, Aruma Oteh, and arrest of the chairman of the Presidential Task Force on Pension Funds, […]
