In the eight months leading to August 2023, the value of listed FGN bonds on the Nigerian Exchange Limited (NGX) on Wednesday decreased by about ninety percent to one hundred and forty-eight point two billion naira from one point six trillion naira recorded in the same period of 2022.
This is even as the Federal Government of Nigeria on Tuesday listed over eleven billion additional units of its bonds, according to a notice signed by the Head of Listings Regulation Department of the Federal Government of Nigeria.
The notice to Trading Licence Holders notified that the January to September 2023 Federal Government of Nigeria Bonds were listed on the Nigerian Exchange Limited on October 10, 2023.
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