Browsing: CBN

CBN to Offer N332bn Treasury Bills for Subscription on Friday The Central Bank of Nigeria (CBN) will offer Treasury bills…

Naira Mixed as CBN Turns Aggressive with FX Interventions The naira exchange rates mixed across foreign exchange markets ahead of…

CBN Defends Naira, Sells Dollars to Banks 4 Times The Central Bank of Nigeria (CBN) became aggressive in its forex…

Interbank rates soared in the money market on the back of an extended liquidity deficit pattern in the banking sector. The short-term benchmark interest rates settled at double digits high due to a liquidity shortfall in the money market last week.

Naira Sinks, CBN Double Down Forex Market Interventions The naira lost against the US dollar in the Nigerian Foreign Exchange…

The naira exchange rate gained across the foreign exchange markets as a surplus FX position keeps demand pressures in check. According to data from the FMDQ platform, the naira spot rate appreciated by 0.18%, closing at N1,541.38 per US dollar in the official market. 

The Central Bank of Nigeria (CBN) raised N2.087 trillion from OMO and Treasury bills at the primary market auctions last week.

Interbank Rates Ease on Tight Banking System Liquidity A huge liquidity deficit in the financial system kept interbank rates elevated…

CBN Sells $28.5m to Banks to Boost FX Liquidity The Central Bank of Nigeria (CBN) made another move to intervene…

Liquidity: Banks Raise N1.54Trn from CBN to Fund Operations Some of the Nigerian banks that were liquidity stressed raised N1.28…