Browsing: CBN

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.

Interbank rates remained steady despite a slight moderation in the banking system’s liquidity balance, reflecting the absence of significant pressure in the money market.

CBN Lifts Restrictions on Banks’ Access to FX, Govt. Securities at DW The Central Bank of Nigeria (CBN) has lifted…

The Central Bank of Nigeria (CBN) increased the discount rate on 364-day Nigerian Treasury bills (NTB) 17.59% at the midweek auction, amid significant oversubscription. 

Excess liquidity in the banking system increased sharply on Tuesday, up by about 57% to 6.81 trillion

MarketForces Africa – The Central Bank of Nigeria (CBN) is scheduled to conduct a primary market auction on Wednesday, targeting N700 billion across standard tenors.

CBN Opens Applications for 2nd Cohort of Regulatory Sandbox Programme The Central Bank of Nigeria (CBN) has announced the commencement…

In an attempt to lock in yields, Nigerian Treasury Bills rallied across the short, belly, and long durations ahead of the main auction scheduled for Wednesday.

Money market rates headed in different directions as financial system liquidity ended last week in surplus.

The Central Bank of Nigeria (CBN) is scheduled to open NGN700 billion worth of Treasury bills for investors’ subscription this week, according to a primary market auction circular.