Nigeria’s Net FX Flows Hit $22.5bn as CBN Cuts Dollar Sales
Nigeria’s net foreign exchange flows rose to $22.50bn in the second quarter of 2026, the highest level since the fourth ...
Tag: FMDA
CBN Withdraws ₦4.72tn as OMO Demand Hits ₦8.62tn
The Central Bank of Nigeria (CBN) withdrew ₦4.72 trillion from the banking system through four Open Market Operations (OMO) auctions ...
FMDA Predicts Further Drop in Nigeria’s Inflation Rate for May 2026
Nigeria’s inflation rate is expected to continue its downward trend in May 2026, according to a new forecast released by ...
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 ...
Nigeria’s Fixed-Income Market Expected to Receive N10.53 Trillion in May
Nigeria’s fixed-income market is expected to witness stronger liquidity conditions in May 2026 as an estimated N10.53 trillion is projected ...
CBN Introduces NOFR Benchmark to Enhance Financial Transparency
The Central Bank of Nigeria has introduced the Nigerian Overnight Financing Rate (NOFR), a new benchmark designed to improve transparency ...
