CBN secures N284.26 billion from investors seeking high yields in recent T-Bills auction
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…
Nigeria’s FX Reserves Gain $535 Million in 28 Days: Official Market Faces Dollar Shortage
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.…
Money Supply drops for the first time in 2024, likely due to CBN’s increased Interest Rates.
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…
CBN to shift N5.5 trillion development finance to DFIs, private banks
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…