Respite is underway for the banking public as the Central Bank of Nigeria (CBN) will soon review upwards the current N500,000 and N5 million transaction withdrawal limits for individuals and corporate bodies respectively. The apex bank is also harping on the need for more Nigerians to embrace banking culture and […]
Tag: Nigeria
Nigeria sells 96 bln naira in T-bills, yields drop
Nigeria sold 95.56 billion naira ($589.1 million) in three-month and six-month treasury bills, the central bank said on Friday, as strong demand pushed yields to their lowest level in seven weeks. It sold 30.16 billion naira of 91-day paper at 13.75 percent at Wednesday’s twice monthly auction, down from 14.09 […]
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 […]
