The Central Bank of Nigeria plans to issue N171.83bn ($1.09bn) in treasury bills ranging from three-month to one-year maturities at its regular bi-monthly debt auction on October 11. The regulator said it would issue N30.16bn in 91-day paper, N73.49bn in 182-day bills and N68.18bn in the 364-day paper next week. […]
Tag: Offshore Investors
Nigerian naira hits 1-month high on foreign dlr inflows
Nigeria’s naira currency hit a 1-month high against the U.S dollar on the interbank market on Wednesday, supported by dollar flows from two multinational oil firms and offshore investors in local debt, traders said. The naira closed at 157.45 naira to the dollar on the interbank, compared with the 157.70 […]
