Foreign investors bought about 79% of the N1.053 trillion (approximately $680 million) bonds the Central Bank of Nigeria (CBN) sold last week, the bank's official has said. The rise in [foreign demand] “underscored the level of confidence that the central bank now enjoys from investors,” said CBN spokeswoman Hakama Sidi Ali. “The CBN is optimistic […]
The post Foreign investors buy 79% of 'oversubscribed' CBN bonds appeared first on The Guardian Nigeria News - Nigeria and World News.