Financial Services

February 19, 2018

Nigeria Update: Nigeria sells $2.5 billion Eurobonds to replace naira debt

Nigeria sold $2.5 billion of Eurobonds as it sought to lower funding costs by using the notes to refinance higher-yielding naira debt.   Africa’s biggest economy […]
February 19, 2018

Nigeria Update: FMDQ Market Report

Commentary on the foreign exchange (FX) market with data on the respective markets for the week-ending February 16, 2018: ▪ The Central Bank of Nigeria (CBN) […]
February 16, 2018

Nigeria Update: ‘UK’s listing of Naira opens up huge trade deals’

The listing of the nation’s currency- Naira, under the pre-approved currencies policy of United Kingdom will facilitate more trade deals among the countries.  Besides, it has […]
February 14, 2018

Nigeria Update: CBN boosts forex market with $210m

The Central Bank of Nigeria (CBN) has injected $210 million to boost the inter-bank Foreign Exchange Market (FOREX). The CBN Acting Director, Corporate Communications Department (CCD), […]