auction

  • Weekly Giveaway for our active users. N50,000 per Week. Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!
  1. O

    Treasury Bills Soar: Stop Rate Climbs to 23.50% Amid Record Investor Demand

    Treasury Bills Soar: Stop Rate Climbs to 23.50% Amid Record Investor Demand The Central Bank of Nigeria’s (CBN) treasury bills auction on Wednesday, November 20, attracted robust interest from investors, primarily due to the enticing stop rate for the one-year tenor. This comes as the...
  2. O

    FG to Auction ₦120B Bonds: What You Need to Know!

    FG to Auction ₦120B Bonds: What You Need to Know! The Federal Government of Nigeria is set to raise ₦120 billion through the auction of two savings bonds today. This amount marks a significant 33.3% drop compared to the ₦180 billion raised in October, highlighting a slowdown in bond offerings...
  3. O

    CBN DUMPS 12-MONTH FOREX POLICY WITH $876M AUCTION

    CBN DUMPS 12-MONTH FOREX POLICY WITH $876M AUCTION Key Points: 1. CBN Forex Auction: - Amount Auctioned: $876.26 million. - Participating Banks: 26 commercial banks. - Objective: Strengthen the naira by improving foreign exchange liquidity. 2. Impact on Naira: - Naira...