Cash Outside Nigerian Banks Drops as CBN Rate Cut Boosts Liquidity
Nigeria recorded a decline in the amount of cash held outside the banking system between February and April 2026 after ...
Tag: Interest Rates
CPPE Supports CBN Rate Hold as Nigeria Battles Inflation Pressures
The Centre for the Promotion of Private Enterprise (CPPE) has endorsed the decision by the Central Bank of Nigeria (CBN) ...
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 ...
Zenith Bank Gets Buy Rating as CardinalStone Sees Stronger Earnings Growth
Zenith Bank has received a fresh buy recommendation from investment research and advisory firm CardinalStone, with analysts projecting stronger earnings ...
Nigeria Banking Liquidity Jump Outpaces Private Sector Credit Expansion
Nigeria's banking system recorded a significant surge in liquidity in the first quarter of 2026, but the increase has not ...
High Cost of Capital Persists in 2026 as Fed Faces Inflation Dilemma
Global financial markets are confronting a more persistent reality than many investors had anticipated: the cost of capital is likely ...
South African Reserve Bank Holds Rates on Middle East Risks
The South African Reserve Bank has held its benchmark interest rate at 6.75 per cent, citing rising inflation risks linked ...
Treasury Bills Auction: CBN Moves to Raise N850bn After N1tn Sale
The Central Bank of Nigeria (CBN) plans to raise N850 billion through a Treasury Bills (NTBs) auction scheduled for March ...
West African Central Bank Cuts Rate to 3% as Inflation Eases
The Central Bank of West African States (BCEAO) has reduced its main policy interest rate by 25 basis points to ...
CBN Cuts Interest Rate to 26.5 Percent
In a definitive shift from its aggressive monetary tightening stance, the Central Bank of Nigeria (CBN) has officially reduced its ...
