NSE Lists Union Bank’s N30b Bond

NSE Lists Union Bank’s N30b Bond

By citybusinessnews@yahoo.com — The Nigerian Stock Exchange (NSE) on Friday listed on its daily official list Union Bank of Nigeria Plc’s N30billion bond.  In a notice to dealing members, Godstime Iwenekhai, Head, Listings Regulation Department explained that the 10-Year 16.20% ...
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Nigeria Begins Sale Of 2, 3 Year Savings Bonds

Nigeria Begins Sale Of 2, 3 Year Savings Bonds

The Federal Government on Monday offered for subscription two-year savings bond at 10.301 per cent and three-year savings bond at 11.301 per cent per annum, the Debt Management Office (DMO) has said.According to the offer circular obtained from the DMO...
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CBN To Restrict Banks Access To Bonds, Treasury Bills

CBN To Restrict Banks Access To Bonds, Treasury Bills

The Central Bank of Nigeria (CBN) is to restrict Banks access to government securities. Speaking at the end of the Monetary Policy Committee (MPC) meeting in Abuja, the CBN Governor,  Godwin Emefiele explained that MPC also directed CBN to  initiate....
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CBN Explains $6b Investments In Nigeria’s Bond Market

CBN Explains $6b Investments In Nigeria’s Bond Market

As Nigerians await the outcome of the supplementary polls in some states, the successful conduct of the general elections is generating positive investments, with the inflow of over $6 billion into the local bond market. Central Bank of Nigeria (CBN)...
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Nigeria To Auction N100b Bonds

Nigeria To Auction N100b Bonds

The Federal Government of Nigeria will auction by subscription N100 billion worth of bonds on March 27, 2019. The Debt Management Office (DMO)  in a circular on its website on Tuesday explained  that the five-year re-opening bonds of N40 billion...
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Nigeria Offers New Bonds For March

Nigeria Offers New Bonds For March

The federal government has offered for subscription two-year and three-year savings bonds at 11.62 per cent and 12.62 per cent per annum, the Debt Management Office (DMO) has said. According to the offer circular obtained from the DMO website on...
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Nigeria Allots N39.52b In November Bonds Auction

Nigeria Allots N39.52b In November Bonds Auction

The Federal Government of Nigeria, on Wednesday, allotted N39.52 billion worth of bonds in its November auction, refusing to accept higher rates from subscribers.  According to the Debt Management Office (DMO), three bonds in tenors of five, seven and 10...
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Nigeria To Auction N115b Bonds

Nigeria To Auction N115b Bonds

Federal Government of Nigeria  is to auction by subscription N115 billion worth of bonds on November 21, 2018, the Debt Management Office (DMO) has said  In a circular, DMO explained that the five-year bonds of N35 billion is to mature...
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FG sells N79.62b bonds

FG sells N79.62b bonds

The Federal Government on Thursday said that it sold N79.62 billion worth of bonds during its February auction. According to a circular posted on the website of the Debt Management Office (DMO), N27.18 billion worth of the bonds were allotted...
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