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CENTRAL BANK OF NIGERIA
News and analysis about Central Bank of Nigeria
The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), has revealed a 283.42% oversubscription worth N1.47 trillion for the 364-day Treasury Bills at the auction on January 8, 2025.
The Central Bank of Nigeria’s unification of the official and parallel foreign exchange market rates is proving unsuccessful, as shown by the market spectrum.
The Central Bank of Nigeria (CBN) has reported a remarkable surge in demand for Treasury Bills (T-bills) during the latest auction held on December 4, 2024.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasized that the country's monetary policy would remain focused on orthodox strategies in a firm commitment to tackling inflation.
The House of Representatives has urged the Central Bank of Nigeria (CBN) to address the issue of under-financing in the agricultural sector by providing the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) with an additional $3 billion.
The Federal High Court in Abuja has ordered the Central Bank of Nigeria (CBN) to pay Kasmal International...
Nigeria’s debt servicing payments have surged by 69% in the first half of 2024, reaching N6.04 trillion, up from N3.58 trillion recorded in the same period of 2023.
Manufacturers in Nigeria expressed a lack of confidence in the nation’s economic outlook in August 2024.
The Central Bank of Nigeria (CBN) has temporarily withdrawn its Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for the fiscal years 2024-2025 document following widespread media misrepresentations.
The Central Bank of Nigeria (CBN) has announced that it will continue enforcing the controversial cybercrime levy at 0.005% on all electronic transactions under its new guidelines for the 2024-2025 fiscal years.
A small but notable portion of Nigerians believes that increasing interest rates would be the key to improving the country’s economy.
Economic activities in Nigeria have shown a positive turn for the first time in over a year, according to the latest report from the Central Bank of Nigeria (CBN).