Tag: CBN
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Nigeria’s FX Reserves Rise Above $48.8bn as CBN Signals Stronger Market Confidence
Nigeria’s foreign exchange reserves recorded a fresh boost in May 2026, climbing by more than $551 million within three weeks as pressure on the...
BREAKING: CBN Keeps Rates Steady at 26.5% Despite Inflation Pressure
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, maintaining the...
High CBN Reserve Policy Drains Banks of Trillions in Potential Revenue
Fresh concerns have emerged over the impact of the Central Bank of Nigeria cash reserve policy on the country’s banking sector, with analysts warning...
CBN Raises N5.63 Trillion as Investors Rush High-Yield OMO Bills
The Central Bank of Nigeria intensified its liquidity control efforts in May after attracting massive investor interest in Open Market Operations bills, with total...
CBN Cautions Banks on Risk After N4.6tn Capital Boost
The Central Bank of Nigeria has warned lenders against taking on excessive risk following the completion of the banking sector recapitalization program, urging a...
