Tag: CBN
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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...
CBN Cuts Treasury Bill Rates as N2.7trn Investor Demand Surges
The Central Bank of Nigeria has lowered rates on longer-term Treasury bills after a surge in investor demand, highlighting strong liquidity in the financial...
