business news in nigeria
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Business Nigeria to Sell N110Bn Worth of Bonds
The Debt Management Office (DMO) says it will raise N110 billion worth of bonds in three categories on August 17, its first foray into the market since 2013. The DMO said this in its August “Bond Circular” posted on its website on Wednesday. According to the DMO, the three categories of bonds...- ProfRem
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Business Nigerian Naira Heads for Biggest Gain in 5 Months
Nigerian naira gains 1.3% to 280.10 against the US Dollar as at 11.38am in Lagos, commercial hub of the country. The gain is poised for biggest advance since Feb. 16, 2016. According to Bloomberg, the Naira to dollar 3 month non-deliverable forwards also fell 0.1% to 290.85 to the US...- ProfRem
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