Central Bank of Nigeria

NCC assures global telecoms investors of safety of investments in Nigeria

The Nigerian Communications Commission (NCC) has reached out to potential investors in the Nigerian telecommunications sector to assure them of…

Nigeria’s central bank says it is not funding government beyond threshold

In reacting to concerns shown by a member of the monetary policy committee of Nigeria’s central bank that the apex…

Nigeria MPC heeds analysts’ calls, keeps policy steady

In tandem with analysts’ expectations, the Monetary Policy Committee of the Central Bank of Nigeria (CBN) Tuesday kept monetary policy…

Illegal activities stall Nigerian mining growth as sector generates paltry N14.96bn in two years

Shettima Abba-Gana, Acting Chairman, Revenue Mobilisation Allocation and Fiscal Commission ( RMAFC ) says the Nigerian mining sector was generating…

Nigerian treasury bills oversubscribed 400% as investors bet on government, increased yield

Nigeria’s central bank Wednesday saw its fortnightly treasury bills auction oversubscribed 400 percent as total subscription outstripped the N140.9 billion…

Big-ticket borrowers of over N1bn choke out SMEs, account for 81% of Nigerian banks’ loan portfolio

The Nigerian money market remains characterized by excessive concentration of credit per obligors and per sectors, as big ticket borrowers…

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