Anticipated $3.4bn SDRs From IMF, $6.2bn Eurobond Issuance Lift Naira At BDC, Parallel Markets
Despite the suspension of supply of foreign exchange sales to Bureau De Change (BDCs) by the Central Bank of Nigeria (CBN, the naira strengthened against the dollar at the BDC and...
Fed Govt Suspends $3.3bn Eurobond Issuance
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, on Monday disclosed that the Federal Government had suspended the issuance of the $3.3bn Eurobond in view of the current unfavourable debt market situation.
Specifically, the minister linked the...
On $2.5b Eurobond Issuance, Foreign Reserves Set To Rise
Nigeria’s 42.8 billion external reserves will go up, with the successful issuance of the $2.5 billion Eurobond offer, a report said at the weekend.
Besides, cumulative transactions in the Investors’ & Exporters’ (I&E) forex window have hit...
