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The yield on Nigerian Eurobonds surged as foreign investors sold off dollar-denominated bonds linked to oil-producing African nations in the international market.

The Central Bank of Nigeria (CBN) has made another foreign exchange market intervention this week to address the ongoing depreciation of the naira.

In the secondary market for Nigerian government bonds, trading activity was mixed as investors evaluated their portfolios against targets.

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Nigeria Targets $2.5bn Carbon Credit Investment by 2030 – VC Prof. Simon Ortuanya, Vice Chancellor of the University of Nigeria,…

Nigerian OMO and Treasury bills yields increased due to sell pressures across the short-, mid-, and long-term tenor instruments in the secondary market.

The naira declined against the US dollar at the official window on Thursday, marking the seventh consecutive session of depreciation in the local currency.