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CATEGORY

Fixed Income & Bonds

Dangote Refinery Prices Landmark 10-Year Unrated Unsecured Eurobond at 8.30% Yield

Dangote Petroleum Refinery & Petrochemicals FZE has completed a 10-year senior unsecured international Eurobond issuance, pricing the long-dated paper at a coupon yield of...

Record ₦6.31 Trillion Demand Drives Massive Oversubscription at CBN OMO Auction

The Central Bank of Nigeria (CBN) and the Debt Management Office (DMO) recorded overwhelming investor demand across primary debt auctions, taking advantage of elevated...

CBN Draws Record N5.50 Trillion in OMO Bids as Investors Chase Yield

Nigeria's fixed income market delivered a split verdict this week: the Central Bank of Nigeria drew a record N5.50 trillion in bids at Tuesday's...

DMO Debt Target Cut Triggers Bullish Rally Across Naira Bond Curve

The Naira fixed-income market closed July 2026 on a bullish footing, as average benchmark yields compressed by 42 basis points to 17.3%, underpinned by...

FG Re-opens 3 Bonds Valued At N1.1trn For Subscription For Aug

The Debt Management Office (DMO), on behalf of the Federal Government, has announced an offer of three FGN bonds valued at N1.1 trillion for...

NEC Approves Refinancing of $3.3bn Project Gazelle

The National Economic Council (NEC) has approved the refinancing of the 3.3 billion dollars Project Gazelle Pre-Export Finance Facility through a new 4.5 billion...

Nigeria High-Yield Regime Locked in as Government Supply Dominates Fixed Income

The decision by the Monetary Policy Committee (MPC) to hold the Monetary Policy Rate (MPR) at 26.50% and keep all cash reserve ratios unchanged...

Nigeria Infrastructure Debt Fund Cracks Bond Curve with 18.23% Asset Yields

The Nigeria Infrastructure Debt Fund (NIDF) has maintained its unbroken record of quarterly cash distributions, demonstrating the high-yielding resilience of private infrastructure debt even...

African Oil Eurobonds Slump on Hormuz Reopening as Dangote Buying Buoys Nigerian Crude

Emerging-market investors are aggressively unwinding a popular commodity trade, dumping the sovereign dollar bonds of African oil producers as the de-escalation of the US-Iran...

The ₦2.7 Trillion T-Bill Surge: DMO Turns to Short-End Issuance to Mop Up Excess Liquidity

Nigeria's multi-trillion-naira fiscal requirement has triggered an unprecedented frontloading strategy across the sovereign yield curve. In the Treasury bills market alone, the government offered ₦7.95...

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