FG’s $900m Bond: Naira strengthens, FX reserves up by $620m in 10 days

Tribune OnlineFG’s $900m Bond: Naira strengthens, FX reserves up by $620m in 10 daysTHE naira posted significant gains in the week ending Friday, September 13, 2024, closing at N1,546.41, a 6.3 percent increase from the previous day’s close of N1,649.76. This rebound followed the Federal Government’s successful bond sale, which raised US$900 million, nearly doubling the initial target of $500million. According to the latest data from the Central [...]FG’s $900m Bond: Naira strengthens, FX reserves up by $620m in 10 daysTribune Online

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