CBN to Raise N1.76 Trillion via Treasury Bills in Q3’25
As part of its borrowing agenda for the 2025 budget, the Central Bank of Nigeria (CBN) has commenced the sale ...
Tag: CBN
CBN Sets 10-Day Deadline for Banks to Submit Capital Recovery Plans
In a move aimed at stabilising the financial sector and phasing out pandemic-related reliefs, the Central Bank of Nigeria (CBN) ...
Court Dismisses £990 trillion ‘‘Incomprehensible Suit’’ Against CBN, Others
The Federal High Court in Abuja, on Wednesday, dismissed a 990 trillion pounds suit filed by a claimant, Tunde Omosebi, ...
CBN: Petroleum Imports Declined 23.2%, Non-Oil Imports Fell 12.6% In 2024
The Central Bank of Nigeria (CBN) has announced a balance of payments (BOP) surplus of $6.83 billion for the 2024 ...
ABCON Lauds CBN’s $197m Sale To Banks, Seeks Liquidity In Retail Market
The Association of Bureau De Change Operators of Nigeria (ABCON) has lauded the Central Bank of Nigeria (CBN) for selling ...
Tariff Shock: Oil Declines, CBN Sells $198 Million To Support Naira
Crude oil prices have weakened, declining by over 12% to approximately $65.50 per barrel, following sweeping trade tariffs by President ...
CBN Boosts FX Market With $197.71m Amid Trump Tariffs
The Central Bank of Nigeria (CBN) has injected $197.71 million to boost market liquidity and stability in the foreign exchange ...
CBN Debunks Introducing N5,000, N10,000 Banknotes
The Central Bank of Nigeria dismissed a report claiming it had introduced N5,000 and N10,000 banknotes to facilitate cash transactions ...
Power Generation Faces Downturn, Falls By 1.64%, Says CBN
The Nigerian electricity sector slowed in the fourth quarter of 2024 (Q4 2024), with the electricity production index declining by ...
Bagudu: CBN Won’t Exceed 5% Limit On Ways And Means Lending To FG
Atiku Bagudu, minister of budget and economic planning, says the Central Bank of Nigeria (CBN) will not exceed the 5 ...
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