The opening of access and establishment of the Nigerian sovereign bond in the International Capital Market have helped to increase foreign investors’ holding in the Federal Government securities by over 900 per cent from $500m to $5.11bn within the space of one year, figures from the Debt Management Office in […]
Tag: Nigeria
Nigerian banks lure S’African lenders
Nigerian banks are rebounding from a record discount to lenders in South Africa as growth prospects for the continent’s two largest economies diverge. Investec Asset Management says the rally has further to run, according to a Bloomberg report on Friday. The Nigerian Stock Exchange Banking 10 Index has increased 19 […]
CBN, stakeholders meet on cash-less policy
The Central Bank of Nigeria has advised banks and Bureau de Change operators on the need to sensitise their customers to the cash-less policy. According to the News Agency of Nigeria, a Deputy Governor in CBN, Mr. Tunde Lemo, told the audience at a stakeholders meeting recently to update their […]
