CBN

System liquidity increased from ₦3.6 trillion in the previous week, supported largely by banks’ placements at the Central Bank of Nigeria’s Standing Deposit Facility and inflows from maturing securities.

CBN data showed that reserves stood at $54.0839 billion on Thursday, up from $53.99 billion on September 2 and $53.90 billion on September 1.

Investors submitted N3.35 trillion worth of bids for Treasury bills valued at N700 billion, representing demand of almost five times the amount offered by the CBN.

Data from the Central Bank of Nigeria showed turnover fell from about $5.28 billion in the preceding trading week.

Nigeria recorded a record $947 million in remittance inflows through International Money Transfer Operators in July 2026. The figure leaves the country just $53 million short of the CBN’s $1 billion monthly remittance target. IMTO inflows reached $3.8...

Investors overwhelmingly favoured Nigeria’s one-year Treasury Bill at the latest primary market auction, giving the Central Bank of Nigeria (CBN) room to lower the government’s borrowing rate despite exceptionally strong demand.

The latest balance represents a 15.6 percent increase from the $45.57 billion recorded on January 2, strengthening Nigeria’s external liquidity position and providing the Central Bank of Nigeria (CBN) with a larger buffer to manage foreign exchange pressures and meet international obligations.

The Central Bank of Nigeria’s latest Open Market Operations (OMO) auction has pushed short-term fixed-income yields back into focus, with investors submitting N4.93 trillion in bids for securities worth just N600 billion.

Nigeria’s top policymakers, financial regulators, banking executives, fintech innovators, economists and capital market operators will gather in Lagos on September 19 and 20, 2026, for the Finance Correspondents Association of Nigeria’s (FICAN) 36th Anniversary Annual Conference.

Nigeria’s net foreign exchange flow fell 29 percent month-on-month to $4.94 billion in March 2026 as total FX outflows more than doubled. CBN data showed outflows jumped from $2.50 billion in February to $5.54 billion in March, while...