Browsing: CBN

CBN Raises N1.7trn from OMO Bills Sales to Banks, FPIs The Central Bank of Nigeria (CBN) conducted an open market…

The Central Bank of Nigeria (CBN) hiked the interest rate on OMO bills at the last auction for the first quarter of 2026, with a total allotment of N1.75 trillion.

The Central Bank of Nigeria (CBN) has again cut interest rates on Nigerian Treasury bills with 182-day and 364-day maturities, according to auction results obtained by MarketForces Africa.

The Central Bank of Nigeria (CBN) has opened N400 billion worth of local treasury bills for subscription on Wednesday, bringing the total number of auctions in the quarter to eight, rather than the seven initially proposed.

Nigeria’s Balance of Payments Declined by 38% to $4.23bn Nigeria’s balance of payment position remained in surplus at USD4.23 billion…

The Central Bank of Nigeria (CBN) cut interest rates on Nigerian Treasury bills across the 182- and 364-day tenors at the midweek auction, according to details from the results release.

CBN to Open N1.05trn Nigerian Treasury Bills for Subscriptions The Central Bank of Nigeria (CBN) is set to conduct its…

The naira showed remarkable strength, appreciating by 0.99% to close at ₦1,344.42 per dollar in the Nigerian Foreign Exchange Market (NFEM). This upward trend reflects a positive shift in currency sentiment within the regulated market, with foreign payments slowing relative to US dollar volume.

The naira gained on Friday, closing at N1366 per dollar at the official market on Friday from N1371, following the latest round of FX market interventions.

CBN Directs Banks to Block Loan Defaulters from Accessing Credit The Central Bank of Nigeria (CBN) has instructed commercial banks…