Naira Holds Near ₦1,330 as CBN Rate Cut Tests Currency Calm
The naira held around ₦1,330 to the dollar last week despite the Central Bank of Nigeria’s (CBN) 350-basis-point cut in ...
Tag: Liquidity
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 ...
NGX Pushes for Deeper Market Liquidity
The Nigerian Exchange Limited (NGX) and Stanbic IBTC Stockbrokers have called for stronger participation in market making and securities lending ...
CBN Halts N700bn Treasury Bills Auction Amid Liquidity Squeeze
The Central Bank of Nigeria (CBN) has cancelled a planned N700 billion Treasury Bills auction that was scheduled for August ...
Nigeria’s Financial System Gains Strength as Market Liquidity Surges to N6.02 Trillion
Nigeria’s money market witnessed a major increase in liquidity last week, with available funds in the banking system rising to ...
Access Bank Assures Investors of Strong Capacity to Repay $1bn Foreign Debt
Access Bank Plc has been described as financially strong enough to repay its upcoming $1 billion foreign debt obligations due ...
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’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 ...
Nigeria Forex Market Reform Boosts Jobs, Economic Growth
Nigeria’s foreign exchange market is showing signs of greater structure and efficiency, a shift that is beginning to support job ...
Naira Slumps to 17‑Day Low as FX Liquidity Dries Up
The naira weakened to a 17‑day low of N1,380.71 per dollar in the official foreign exchange market as liquidity slowed ...
