Investors Stake N100bn On FGN Bonds - DMO The Debt Management Office said subscribers staked more than N100bn on FGN Bonds, which it issued on Wednesday. According to the agency, although it offered N90bn bonds, investors oversubscribed the offer by more than N10bn. More than N100bn raised...

PFAs Asset Allocation: FGN Bonds Lead With N3.6tn   Despite the yawning infrastructural gap in Nigeria, the Pension Fund Administrators (PFAs) in the country have continued to allocate majority of their assets in the Federal Government of Nigeria (FGN) bonds, staking over 50.1 per cent of...

Forex market records $9.46 billion Despite the challenging posture of the nation’s financial market, its fixed income and currency segment recorded a turnover of N12.74 trillion in the month of July.The record showed an increase of ₦N3.38 trillion over the value recorded in June, representing...