CBN

March 03, (THEWILL)- Investors, on Friday, showed an insatiable appetite for the Federal Government’s securities, as the Central Bank of Nigeria (CBN) successfully sold N1.053 trillion ($680 million) in short-term instruments as part of its liquidity management exercise.   The CBN...

March 03, (THEWILL)-  The Central Bank of Nigeria, CBN, has said it would sell Treasury Bills, TBs, worth N1.64 trillion for the second quarter 2024, Q2’24 on behalf of the federal government. This is contained in the apex bank’s Nigeria...

March 03, (THEWILL)-  The Central Bank of Nigeria, CBN, has revoked the licenses of 4,173 Bureau De Change Operators. According to the apex bank, the affected institutions failed to observe regulatory provisions. These, according to the bank, include payment of all...

March 03, (THEWILL) - It is hard to see the end of the probe launched by the Senate into the payment of over N30 trillion Ways and Means secured from the Central Bank of Nigeria, CBN, by the immediate...

March 01, (THEWILL) - The Central Bank of Nigeria (CBN) has revoked the operational licences of 4,173 Bureaux De Change (BDC) Operators. Mrs. Sidi Ali Hakama, the Acting Director, Corporate Communications at the apex bank, who disclosed this in a...

March 01, (THEWILL) - The Central Bank of Nigeria (CBN) has announced plans to sell N1.64 trillion in Nigeria Treasury Bills during the second quarter of 2024, covering the months of March to May. The new offer aims to...

February 28, (THEWILL) - The House of Representatives has ordered its Committee on Small and Medium Size Enterprises (SMEs) to investigate the cancellation of $2.4 billion worth of forward contracts sold to manufacturers by the Central Bank of Nigeria...

February 27, (THEWILL) - The Central Bank of Nigeria (CBN) has refuted reports that it has resumed the suspended weekly foreign exchange sales to Bureau De Change (BDC) operators. In a statement released Tuesday and signed by its Acting Director...

February 27, (THEWILL) - The Central Bank of Nigeria (CBN) has taken a decisive step to bridge the widening gap in the exchange rate and stabilize the forex market. Through a new circular by Dr Hassan Mahmud, the Director of...

February 27, (THEWILL) - The Central Bank of Nigeria, CBN, has raised the monetary policy rate (MPR) to 22.75 percent. This represents 400 basis points increase from the 18.75 percent benchmark it has been since September 2023 The announcement was made...