Browsing: CBN

The Central Bank of Nigeria (CBN) injects $150 million into the foreign exchange market at the beginning of the week to keep the naira safe

Naira Falls as External Reserves Dip Amidst Huge FX Injection The naira weakened against the US dollar in the foreign…

Nigerian Treasury Bills Closed at 21% Ahead of Inflation Ahead of March inflation data, the average yield on Nigerian Treasury…

Pan-African lender United Bank for Africa (UBA) Plc. has unveiled its upgraded point of sales (POS) terminal and revamped MONI app

T-Bills Yield Falls as Unmet Bids, Rates Hike Trigger Demand The average yield on Nigerian Treasury bills (NTB) bumped to…

CBN Hikes Interest Rates on Treasury Bills, Rejects Bids The Central Bank of Nigeria (CBN) increased discount rates on Nigerian…

Turnaround: Nigeria Posts $6.83bn Balance of Payment Surplus—CBN Nigeria posted a $6.83 billion balance of payment surplus in 2024, signaling…

Spot Exchange Rates Diverge as CBN Sells $471m in 3-Day Spot FX rates diverged as the Central Bank of Nigeria…

The naira value declined sharply in the official window as data from the FMDQ platform revealed that inflows from foreign investors

CBN Defends Naira with $669 Million in Q1-2025 The Central Bank of Nigeria (CBN) defended the naira from losing significant…