CBN Retains Interest Rate at 26.5% Amid Inflation Concerns
The Central Bank of Nigeria (CBN) has decided to keep the country’s benchmark interest rate, known as the Monetary Policy ...
Tag: CBN
CBN Explains N50 Stamp Duty Charge on Bank Transactions
The Central Bank of Nigeria (CBN) has clarified that the popular N50 stamp duty charge seen on many bank transaction ...
FG Raises N614.5bn from Bond Market as Investors Flock to Long-Term Securities; CBN Launches N650bn Treasury Bills Auction
The Federal Government has successfully raised N614.5 billion from the domestic bond market through its May 2026 FGN bond auction, ...
CBN Opens N650bn Treasury Bills Auction Amid Liquidity Tightening
The Central Bank of Nigeria has announced plans to raise N650 billion through a fresh Treasury Bills auction, reinforcing efforts ...
CBN’s High Reserve Requirement May Be Costing Nigerian Banks Trillions – New Report
Nigeria’s banking industry could be losing trillions of naira each year due to the Central Bank of Nigeria’s (Central Bank ...
Nigeria Gets Credit Rating Upgrade as Global Confidence in Economy Improves
Nigeria has received a major boost in its economic reputation after global rating agency S&P Global Ratings upgraded the country’s ...
Naira Weakens Despite Rise in Forex Market Activity
Nigeria’s currency, the naira, closed the week on a weaker note at the official foreign exchange market, even as trading ...
CBN Unveils New Forex Manual to Boost FX Market Liquidity Framework
The Central Bank of Nigeria has unveiled a new foreign exchange manual designed to streamline operations in the country’s FX ...
CBN Unveils New Forex Manual to Improve Transparency and Boost Investor Confidence
The Central Bank of Nigeria has introduced a new Foreign Exchange Manual aimed at improving transparency, accountability, and confidence in ...
OMO Sales Hit N5.63 Trillion as 126-Day Bill Sees Heavy Demand
Nigeria’s fixed-income market witnessed a sharp surge in activity after Open Market Operation (OMO) sales climbed to N5.63 trillion within ...
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