Browsing: CBN

The average yield on Nigerian Treasury bills increased in the secondary market as local deposit

The Comptroller-General of Customs (CGC), Adewale Adeniyi, has been honoured with the

International payments for transactions related to letter of credit issued to foreign businesses by deposit money banks (DMBs) on behalf of their customers sank by 46.10% year on year to about $806 million in May 2024, data from the apex bank revealed. 

As liquidity pressure persisted, local deposit money banks (DMBs) increased the speed of their borrowings at the Central Bank of Nigeria’s (CBN) standing lending facility (SLF) at a relatively high rate in the just concluded week,investment firm said.

Mr Olubukola Akinwumi, a Deputy Director at the Central Bank of Nigeria (CBN), on Friday explained how

The oil market rallied this week strong following the latest decision of Saudi Aramco to trim oil official selling price

The FrazEnergy Limited, a subsidiary of Oilserv Group has signed a Memorandum of

Equities investors lost more than N23 billion on Friday as Nigerian Exchange closed the week negative.

The naira reclaimed part of losses sustained over the weeks as fx liquidity pressures reduced on

Fitch Ratings has affirmed African Development Bank (AfDB)’s Long-Term Issuer Default Rating (IDR) at ‘AAA’ with