Tag: Central Bank of Nigeria

...All other parameters were raised except for liquidity rate which it retained at 30.0%. ...The asymmetric corridor is hiked +100bps/-700bps (Previously: +100bps/-300bps) while the CRR...

...The CBN says all BDCs are allowed to sell to end-users at a margin ''not more than one percent (1%) above the purchase rate...

...The last time the meeting held was in July 2023, under the then Acting CBN Governor, Folashodun Shonubi. FRI, FEB 23 2024-theGBJournal| The Monetary Policy...

TUE, FEB 13 2024-theGBJournal|The Nigerian Senate Tuesday began confirmation and approval process for the five individuals named into the Board of the Central Bank...

SAT, FEB 03 2024-theGBJournal| According to the Central Bank of Nigeria (CBN), credit to the private sector (CPS) increased by 49.8% y/y to N62.52...

...The overnight (OVN) rate expanded by 237bps w/w to 21.2% in the Money Market SAT, FEB 03 2024-theGBJournal| Sentiments in the NTB secondary market remained...

...This regulatory initiative underscores the CBN's proactive approach to addressing mounting concerns related to excessive foreign currency speculation ...In the coming days, it is crucial...

...Finance Minister, Wale Edun, estimates the total foreign exchange backlog at $5 billion, and identified clearing this backlog as a priority for the CBN. MON,...

SAT, JAN 20 2024-theGBJournal|According to the Central Bank of Nigeria (CBN), credit to the private sector (CPS) declined by 6.0% m/m in November (October...

...Tackles FX Transactions abuses in clearing Liabilities Backlog ...To continue settlement of verified FX backlog THUR, JAN 18 2024-theGBJournal|The Central Bank of Nigeria (CBN) said that...