Nigeria Overnight Rate At Record Lows As CBN Eyes Lending
Nigeria's overnight lending rate fell to record low 2 percent on Wednesday, as the Central Bank refunded excess withdrawals from ...
Tag: Financial Services
News and analysis from Financial services sector such as banks, insurance and other non-financial institutions.
CBN Will Raise N80b in 2020, 2024 bonds
Nigeria plans to issue 80 billion naira ($400 million) worth of local currency denominated bond with maturities range between 5-year ...
Governor Emefiele Says The Naira Is “Appropriately Priced”
The Governor of the Central Bank of Nigeria, (CBN), Mr Godwin Emefiele on Monday affirmed that the naira is “appropriately priced” ...
![[HOSTAGE] Nigerian Banks Have Idle $5billion They Can’t Sell](https://nairametrics.com/wp-content/uploads/2015/08/Nigerian-Banks-Nairametrics.png)
Why Citigroup Predicts A Credit Crisis For Nigerian Banks
Nigerian banks are on the verge of another credit crisis, Citigroup’s Head of Frontier Market Banks and Research, Josh Levin ...
TSA: CBN Provides N740bn For Banks To Ease Liquidity
The Bankers Committee (BC) has confirmed that the Central Bank of Nigeria (CBN) has injected N740 billion as the Cash ...
From Paris With Love As 50 French Coys Eye Nigeria
A delegation of 50 heads of French companies is expected to visit Nigeria this week to explore business opportunities and establish ...
![[JPM] Nigeria’s Interest Rates Dropped To A 3-Months Low](https://nairametrics.com/wp-content/uploads/2015/10/Googlewoman-falling4.jpg)
[JPM] Nigeria’s Interest Rates Dropped To A 3-Months Low
According to reuters report, Nigeria’s overnight lending rates dropped by half to 3 percent on Friday. The figures are down ...
As The Nation Awaits Buhari’s Cabinet, CBN Is Concerned About Growth
The Central Bank of Nigeria will retain foreign currency controls because of concerns about slowing growth, a senior bank official ...
FG Looks To Increase ECA To $3.95bn
The Federal Government, in a bid to attain robust external reserves, is planning to increase the amount in the Excess ...
CBN Sells Treasury Bills For N53b As Naira Weakens
The Central Bank of Nigeria sold 53.08 billion naira ($266.6 million)worth of treasury bills on Tuesday in a bid to ...
