Agency Report The Federal Government has shelved plans to raise about $950 million selling overseas bonds, owing to unfavourable market conditions during the time frame approved...
Nigeria’s foreign exchange (FX) reserve sustained its descent for the fifth consecutive week, decreasing to its lowest level since 8th October 2021, hitting eight-month bottom. Precisely,...
The Debt Management Office (DMO) has listed two new Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. According to the DMO, the first one is a two-year...
UAC of Nigeria PLC (UAC) has announced the successful completion of its ₦18.7 billion Series 1 and 2 Commercial Paper issuance CP), the debut issuance under...
The country’s external or foreign reserves hit a seven-month low after falling to $38.57bn as of May 25, 2022, figures obtained from the Central Bank of...
In line with rife expectations by investors in the Nigeria’s Fixed Income (FI) Market, the overnight (OVN) rate expanded by 424 basis points last week to...
The Debt Management Office (DMO), on Monday announced the offer of two Federal Government of Nigeria (FGN) bonds for subscription. The first offer is a two-year...