Nigeria’s Sovereign Sukuk Records N2.2 Trillion in Subscriptions, Oversubscribed by 735%
Nigeria’s Sovereign Sukuk hits N2.2 trillion in subscriptions, fueling nationwide infrastructure while showcasing massive investor…
Posted inEconomy
Nigerian Stocks Rise 0.22%, ASI Nears 110,000
The Nigerian stock market climbed closer to the 110,000 mark on May 16, despite a…
Nigeria’s Bond Market Sees Lower Offers but Strong Investor Demand in Q1 2025
In Q1 2025, investors subscribed to N2.83 trillion in Federal Government bonds, down from N3.12…
Nigeria to Auction N300 Billion FGN Bonds to Fund Budget and Infrastructure
The Debt Management Office (DMO) has announced a N300 billion bond auction for March 24,…
Posted inBanking
Nigeria issues two Eurobonds with yields over 10% to address 2024 budget deficit
Nigeria is returning to the international capital markets for the first time in over two…
Posted inEconomy General News NAIRA RATE NEWS Stocks
December 2024 Subscription for FGN Savings Bonds Open
Through the Debt Management Office (DMO), the Federal Government of Nigeria, invites individuals and institutions…
Nigeria is considering U.S. Diaspora Bond as CBN targets $1B monthly remittance
Nigeria is considering launching a "diaspora bond" in the U.S. next year to capture some…
Governance Concerns Trigger Sell-Off in Nigerian Bonds Despite Strong Yields
According to the Second-Quarter 2024 Report of the National Pension Commission (PenCom), Nigerian bonds faced…
Understanding the Nigerian Government FGN Dollar Bond.
The Domestic FGN US Dollar Bond is a new financial instrument introduced by the Federal…