The nation’s external reserves are on the rise again. It has hit $47.1bn, according to the latest report from the Central Bank of Nigeria. Last week, the foreign reserves dropped by $1.8bn from the peak of $48.85bn on May 2 to $46.98bn on August 5. The external reserves, however, rose […]
Tag: Nigeria
DMO Examines Private Sector Opportunities from Public Debt Management
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Debt Management Office (DMO) will on Friday examine private sector opportunities from public debt management. This will be at a retreat organised for financial journalists in Lagos Nigeria. The theme of the retreat is “Opportunities for the private sector from public debt management Activities†The […]
New Naira Notes Coming In September
The Central Bank of Nigeria will take delivery of new naira notes before the end of September for circulation, the Deputy Director, Operations, Dr Tunde Lemo, has said. The regulator had earlier said that new naira notes would be in circulation by June, and that the smaller denomination notes (N5, N10, N20, and […]
