Investors are flocking to short-term Nigerian government debt, attracted by high yields and renewed confidence in the naira following Nigeria's successful issuance of a $2.2 billion eurobond.
The proceeds from this Eurobond issuance, it also stated, will be used to finance the 2024 fiscal deficit and support the ...
Investors are piling into short-term Nigerian government debt, lured by high yields and a brightening outlook for the ...
Investors are piling into short-term Nigerian government debt, lured by high yields and a brightening outlook for the ...
The $2.2 billion Eurobond issuance by the DMO has provided a critical infusion of foreign capital into Nigeria’s reserves ...
THE Central Bank of Nigeria (CBN) has taken significant steps to stabilize the foreign exchange (FX) market with the launch ...
The naira appreciated by N137.69 against the dollar within a week, following the introduction of the CBN’s new foreign ...
The naira broke below the N2,000 barrier for the first time in five months amid ongoing reforms in Nigeria's currency ...
Also, the EFEMS launch, which coincided with the Eurobond issuance, provided additional support to the naira. The platform, ...
Also, the EFEMS launch, which coincided with the Eurobond issuance, provided additional support to the naira. The platform, ...
The naira has seen steady appreciation since the Eurobond sales and the introduction of the Electronic Foreign Exchange ...
Naira devaluation raised Nigeria’s external debt by about N30.03tn between 2023 and June 2024 when considered in naira terms, ...