Browsing: CBN

The gross balance in Nigeria’s foreign reserves climbed to $38.832 billion, according to data from the Central Bank (CBN).

Interbank rates increased as the liquidity balance in the financial system remained tight in the money market, investment firms said in separate reports.

The Governor, Central Bank of Nigeria (CBN), Mr Yemi Cardoso, said that the government was increasing financial inclusion for women as a top priority.

In the money market, pressure on financial system liquidity kept the short term benchmark interest rates elevated while banks continue to borrow from the

Nigerian Bond Yield Steady at 19.10% Ahead Inflation The average yield on Nigerian government bond was steady due to thin…

Interbank rates dipped in the money market as coupon payment or inflows from Federal Government of Nigeria (FGN) bonds lifted the liquidity balance

Innovations are currently ongoing in the banking industry across the world, Dr Adetona Adedeji, the Acting Director, Banking Supervision Department

Amidst elevated yield on naira assets, Nigerian economy is seeing strong inflows of hot money into the country, latest data the statistics office capital

Money market rates Increased due to liquidity pressure relating to outflow for FX auction, swap and cash reserves ratio debits on banks deposits.

At an interest rate which reflects the current market dynamics, investors wanted more Nigeria’s OMO bills but the Central Bank of Nigeria (CBN) sold to match