Browsing: CBN

The Central Bank of Nigeria (CBN) says it has not fixed any deadline for the circulation of the old N200, N500 and N1,000 banknotes.

The interest rate offered to investors at the just concluded primary market auction (PMA) conducted by the Debt Management Office

The House of Representatives has called on the Central Bank of Nigeria (CBN) to raise agricultural lending from 1.4 per cent to 7 per cent of its total lending

The average yield on Nigerian Treasury bills declined to 24.1% in the secondary market due to investors taking positions ahead of primary market auction

The average yield on Nigeria’s Eurobonds yield rose by 7 basis points in the international capital market due to sell pressures triggered foreign portfolio

The Central Bank of Nigeria (CBN) sold $60 million to the authorised dealer deposit money banks at the rare FX auction conducted last week to stop exchange

The naira gained about 2.4% week on week as the Central Bank of Nigeria (CBN) defended the local currency with $60 million in the official market.

Money market rates slide, albeit, marginally, due to relative improvement in the financial system liquidity. The interbank rates remained elevated though

Money market rates fell slightly as liquidity level in the financial system improved. The latest declined in short-term benchmark interest rates reversed

The naira sank further across the foreign exchange (FX) markets as indication emerged that the Central Bank of Nigeria (CBN) could abandon its