The Central Bank of Nigeria (CBN) has announced plans to auction N166.1 billion in Treasury bills. This auction comes amidst a flurry of economic data releases...
Nigerian Deposit Money Banks borrowed N5.38 trillion from the Central Bank of Nigeria (CBN) in the first five days of July 2024. This was a 245...
The Nigerian government generated N78.95 billion from the N50 levy imposed on electronic bank transfers in the first five months of 2024. This revenue collection revealed...
Dr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), announced plans to slow down the increases in the benchmark interest rate once inflation is...
The Central Bank of Nigeria (CBN) has issued a stern warning to banks and other authorized foreign exchange dealers against the continued rejection of old series...
The Nigerian naira recorded a gain of 0.66% on the parallel market, often referred to as the black market, following the commencement of a new foreign...
Nigeria’s money supply (M3) soared to an all-time high of N99.23 trillion in May 2024, according to data released by the Central Bank of Nigeria (CBN)....
In a bid to stabilize the foreign exchange market and ensure efficient management of excess foreign currency, the Central Bank of Nigeria (CBN) has introduced new...
The Federal Government, through the Central Bank of Nigeria, is set to commence the disbursement of N150 billion in loans to micro, small, and medium enterprises...
The Central Bank of Nigeria (CBN) has successfully raised a total of N284.26 billion through its latest Nigerian Treasury Bills (T-Bills) auction. The auction, which was...