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CBN secures N284.26 billion from investors seeking high yields in recent T-Bills auction

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Kindly share this to othersThe Central Bank of Nigeria (CBN) successfully raised N284.26 billion from investors keen on high yields during its latest Nigerian Treasury Bills (NTBs) auction held on…


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Nigeria’s FX Reserves Gain $535 Million in 28 Days: Official Market Faces Dollar Shortage

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Kindly share this to othersNigeria’s foreign exchange (FX) reserves have grown by about $535 million in the past 28 days, while the official market continues to face a dollar shortage.…


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Money Supply drops for the first time in 2024, likely due to CBN’s increased Interest Rates.

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Kindly share this to othersFor the first time this year, Nigeria’s money supply has experienced a significant drop, closely linked to the Central Bank of Nigeria’s (CBN) recent hike in…


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CBN to shift N5.5 trillion development finance to DFIs, private banks

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Kindly share this to othersThe Central Bank of Nigeria (CBN) is set to undergo significant restructuring, intending to shift approximately N5.5 trillion in development finance activities to a combination of…


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