Tag: CBN
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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...
Excess Liquidity Persists Above N8trn Despite CBN Cash Mop Up
Nigeria’s banking system continues to sit on massive liquidity levels, with funds remaining above N8 trillion despite a major intervention by the Central Bank...
CBN Mandates Naira Accounts for Money Transfer Firms to Boost FX Transparency
The Central Bank of Nigeria has introduced a new directive requiring all International Money Transfer Operators to open naira settlement accounts with authorised dealer...
