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FIXED INCOME MARKET
The Central Bank of Nigeria (CBN) has announced a phased operational overhaul of the Nigerian Fixed Income Market in a strategic move to deepen transparency and efficiency in Nigeria’s financial ecosystem.
The Securities and Exchange Commission (SEC) has begun collecting income tax on bonds and short-term assets. This came...
Driven by fears of naira being weakened at the fallout in last week's plunge in oil price, foreign portfolios investors ramped up their exit from the fixed income market.