Browsing: CBN

The naira depreciated across the foreign exchange market due to tight liquidity in the official and informal segments of the local currency market.

The Central Bank of Nigeria (CBN) has taken delivery of responsibly sourced gold refined to London Bullion Market Association (LBMA) Good Delivery standards into its foreign reserves.

CBN to Sell Nigerian Treasury Bills to Investors Midweek After weak OMO bills auction delivered by the Central Bank of…

The Central Bank of Nigeria (CBN) offered 19.40% interest on 105-day bills at the recent OMO bill auction, though allotment fell short of the full offering despite strong demand and substantial liquidity in the financial system.

Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, says Nigeria’s net foreign exchange reserves stood at N34.80 billion dollars as of December 2025.

The naira’s purchasing power dropped sharply at the official window as foreign payments initiated exceeded the US dollar liquidity at the currency market.

Money market rates declined moderately, driven by an excess of liquidity in the financial system following a cut in Nigeria’s monetary policy rate (MPR).

The Central Bank of Nigeria (CBN) is poised to open Treasury bills for subscription at the primary market auction on Wednesday to efficiently refinance maturing securities.

The Central Bank of Nigeria (CBN) has made another foreign exchange market intervention this week to address the ongoing depreciation of the naira.

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 27 per cent to 26.5 per cent.