Browsing: Central Bank of Nigeria

The money market saw a sharp increase in interbank rates at the start of the week, reversing a previous trend, as there were no notable inflows to improve the financial system’s liquidity balance.

Food Prices Worsening Inflationary Pressure – CBN The Central Bank of Nigeria (CBN) says rising food prices is partly responsible…

In the bonds market, trading activity remained muted, with the average yield holding steady at 19.41%.  The subdued yield on FGN bonds and tight liquidity in the financial system has keep trading activities in check.

CBN Raises N2.07 Trillion via Treasury, OMO Bills Auctions The Central Bank of Nigeria (CBN) raised more than N2.07 trillion…

The Central Bank of Nigeria (CBN) raised a little more than N627 billion from its oversubscribed Treasury bills…

The naira depreciated to N1681 against the US dollar in the foreign exchange (FX) market as increased demand for forex exposed persistent supply crisis.

FG Begins Disbursement of N75bn Single Digit Loan to MSMEs The Federal Government has commenced the disbursement of N75 billion…

Banking index rose by 3.16% as the Nigerian Exchange (NGX) reversed downward trend with investors

Local deposit money banks (DMBs) and foreign portfolio investors (FPIs), along with other authorized dealers, placed huge stake totaling approximately N1.45 trillion on Nigeria’s OMO bills during the Central Bank of Nigeria’s (CBN) primary market auction on Tuesday.

Money Market Rates Mixed on Excess Liquidity in Banking System Money market rates diverge amidst excess liquidity balance in the…