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MarketNews
The Central Bank of Nigeria (CBN) turned down more than N2.4 trillion in investors’ money as total subscription at the open market operation topped N4.6 trillion, according to auction results reviewed by MarketForces Africa.
The Central Bank of Nigeria (CBN) sliced spot rate on Nigerian Treasury bills (NTB) with 182-day and 364-day tenors, reflecting the authority’s move to reduce borrowing costs.
The Central Bank of Nigeria (CBN) is set to conduct its first Treasury Bills auction on Wednesday with an offer size of N700 billion across standard tenors.
CBN Places 19.91% Interest Rate on 138-Day OMO Bill At the spot rate of 19.91%,…
CBN Raises N1.7trn from OMO Bills Sales to Banks, FPIs The Central Bank of Nigeria…
The Central Bank of Nigeria (CBN) hiked the interest rate on OMO bills at the last auction for the first quarter of 2026, with a total allotment of N1.75 trillion.
With a slight decline in the overnight lending rate, excess liquidity in the banking system increased to nearly N9 trillion as financial institutions continue to park funds at the Apex Bank Standing Deposit Facility (SDF).