Central Bank of Nigeria
CBN stops treasury bills’ sale to individuals
The Central Bank of Nigeria has given a directive to banks and other financial institutions to stop the sale of…
Economy: Nigeria spent N387bn or $1.09bnm servicing debts in 9 months, says CBN
By Omobayo Azeez The federal government of Nigeria spent $1.09 billion, an equivalent of N387 billion, between January and September…
OMO ban does not affect investing in FG securities – DMO
By Mudashir Tunde The Debt Management Office (DMO) has clarified some misconceptions surrounding the recent move by the Central…
CBN’s PMI report shows production growth slows in September
Production and employment levels and raw materials inventories grew at a slower rate, while new orders and supplier delivery time…
Banks race to improve deposits as CBN’s 60% LDR directive elapses in 2 weeks
In the wake of an approaching deadline towards meeting the Central Bank of Nigeria's (CBN) directive on loans, Nigerian banks…
External reserves lowest in six months, at $42.84bn
The nation’s foreign exchange reserves have declined further, falling to the lowest level since March 12, latest data obtained from…
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