Browsing: CBN

CBN Foreign Subsidiary Rule Sparks N1.92trn Loss on NGX The stock market on Thursday closed on a negative note as…

The Nigerian local currency, the naira, rallied across the currency markets on Thursday, driven by improved FX liquidity. In its daily FX report, the Central Bank reported that the spot FX rate rose by ₦1.49 to N1355.85 against the U.S. Dollar.

The Central Bank of Nigeria (CBN) continues to price down Nigerian Treasury bills, albeit with a soft touch across standard tenors at the midweek auction.

CBN Hikes ATM Issuance Fee, Cancels Maintenance Charges The Central Bank of Nigeria (CBN) has increased the cost of issuing…

The Central Bank of Nigeria (CBN) drained more cash from the banking system with oversold Treasury bills, with deposit money banks leading the subscription levels.

The Central Bank of Nigeria (CBN) sold N1.9 trillion in Open Market Operation (OMO) bills to investors on Tuesday as part of its strategy to reduce excess liquidity in the financial system.

NCC, CBN Sign Pact to Boost Consumer Protection, Curb Fraud The Nigerian Communications Commission (NCC) and Central Bank of Nigeria…

CBN to Auction Nigerian Treasury Bills Totalling N750bn The Central Bank of Nigeria (CBN) is scheduled to auction N750 billion…

CBN, FMDA Announce New Money Market Benchmark The Central Bank of Nigeria (CBN), in collaboration with the Financial Markets Dealers.…

The Naira closed the trading session in the positive territory at the Nigerian Foreign Exchange Market (NFEM), appreciating by 11bps or ₦1.44 against the U.S. Dollar.