Nigeria’s Private Sector Credit Hits N83.3 Trillion in June Despite CBN’s 26.5% Rate
Nigeria's private sector continued to increase its borrowing in June despite the Central Bank of Nigeria (CBN) maintaining its benchmark ...
Tag: CBN monetary policy
Naira Holds at N1,382/$ as Nigeria’s External Reserves Surpass $51 Billion
The Nigerian naira traded largely unchanged at N1,382.33 per US dollar in the Nigerian Foreign Exchange Market (NFEM) on Monday, ...
Government Borrowing Climbs N17.39 Trillion as Fiscal Pressures Test Monetary Tightening Efforts
Credit extended to Nigeria's government rose by N17.39 trillion to N78.6 trillion in the 12 months to May 2026, underscoring ...
OMO, NTB Maturities to Inject N3 Trillion Liquidity into Banks
Nigeria’s banking system is set for a significant liquidity boost this week, as maturities from Open Market Operations (OMO) bills ...
CBN FX Reforms Raise Fresh Expectations for Economic Stability
Nigeria’s foreign exchange market has long been shaped by uncertainty, limited liquidity, and growing pressure on the naira. Businesses struggled ...
CBN Benchmark Reform Targets Transparency In Money Market
The Central Bank of Nigeria (CBN) has introduced the Nigerian Overnight Financing Rate (NOFR) as part of efforts to improve ...
All-Share Index Rises 884 Points to Open May at 243,162
The Nigerian equities market began May on a solid footing Monday, as the All-Share Index (ASI) advanced 883.71 points, or ...
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