FGN Archives - DAILY TIMES Nigeria

Money

Interbank rates fall as FGN coupon payments enhance liquidity

DailyTimesNGR DailyTimesNGR 15 October 2024 0

BY TEMITOPE ADEBAYO Interbank rates in the money market declined following inflows from Federal Government of Nigeria (FGN) bond coupon payments, which significantly boosted liquidity in the financial system. Analysts noted that the FGN coupon payment totaling N28.22 billion helped saturate a

Business

FGN bonds attract investors as PFAs investment hits N9trn

Ihesiulo Grace 4 December 2022 0

By Motolani Oseni Federal Government of Nigeria (FGN) bonds continued to attract investors, as the debt capital market was swayed by buying interests on mid-to-long-term instruments which offset selloffs at the front of the curve. This is even as the Pension Fund Administrators (PFAs) investment has spiked to about N9 trillion in October 2022, while […]

Money

FGN to auction N229bn T-Bills Wednesday

Ihesiulo Grace 16 January 2018 0

The Central Bank of Nigeria (CBN) will on Wednesday, 17th January, 2018, auction Treasury bills with total value of N229 billion. A breakdown of the coming T-Bills auction, showed that the apex bank will be conducting a T-bill auction on Wednesday, 17th of January, 2018, offering N10.25bn worth of 91-day bills, N26.60bn worth of N182-day […]

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