Tag: Nigeria
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Nigeria plans dollar asset listings to ease forex woes
Nigeria’s stock exchange proposes allowing dollar-denominated bond listings and potentially expanding this to stocks, with the aim of easing foreign currency access for companies...
Nigeria’s NNPC secures $3 billion loan to stabilize FX market
Nigeria's state-oil firm NNPC said on Wednesday it has secured a $3 billion crude oil repayment loan from Cairo-based Afrexim Bank that will support...
Nigeria eurobonds drop as government says no need for petrol price rise
Nigeria's international dollar-denominated bonds fell on Wednesday, after the president's spokesman said petrol prices did not need to rise more, and blamed foreign exchange shortages on...
Nigeria attracted $1.4 billion inflows in June after lifting FX curbs
Nigeria attracted inflows of $1.41 billion into its currency market in June, the central bank said on Thursday, after it scrapped a multiple exchange...
Nigeria seen hiking rates 100 bps on July 25 to boost devalued naira: Reuters poll
The Central Bank of Nigeria will likely continue raising its key interest rate in the coming days and months to support a devalued naira,...
