Turks and Caicos Free Press
| 7 months ago
Nigeria said it plans to issue 75 billion naira in local bonds with maturities of between five and 10 years at its regular auction on October 17, the Debt Management Office ( DMO ) said on Thursday. The debt office said it would sell 15 billion naira...
Turks and Caicos Free Press
| 7 months ago
Uganda 's central bank pumped dollars into the foreign exchange market twice on Wednesday, traders said, to try to shore up the shilling after strong demand for hard currency from banks and offshore investors sent it tumbling. The currency of Africa'...
Africa Headlines
| 7 months ago
Lagos For several years, monetary transactions in Nigeria have been conducted overwhelmingly using banknotes. For a number of reasons, coins have largely fallen out of use, rendering the Nigerian currency partially indivisible and leading traders to...
Africa Headlines
| 7 months ago
Nigeria Sovereign Wealth Fund in a manner that would produce adequate infrastructure for the benefit Nigerians, especially posterity. The country had last year decided to key into the over 3 trillion dollar worth of investments amongst other nations...
