The Federal Government plans to raise N213.75bn ($681m) from short-dated Treasury bills at an auction on March 15, the Central Bank of Nigeria has said. It plans to raise N39bn in three-month debt, N48.45bn in six-month bills and N126.30bn in one-year notes, using a Dutch...

The equities market on Wednesday depreciated by 0.79 per cent, causing the market capitalisation of the Nigerian Stock Exchange to fall by N71bn at the close of trading. This aggravated the poor performance since the beginning of the week, dragging down the year-to-date return on...

The naira is expected to strengthen this week on improved dollar supply to the market, currency dealers have predicted. The naira fell to N470 to the dollar on the parallel market last Friday, as against the N455 to the dollar it was the preceding Friday....

The country’s debt profile has risen to N16.29tn, the Debt Management Office has said. Statistics obtained from the DMO  showed that the country’s total debt liability had risen to N16.29tn as of June 30, 2016. As of June 2015, the country’s total debt stood at...