The Central Bank of Nigeria says its decision to cut the Monetary Policy Rate from 26.5% to 23% is designed to stimulate productive activities. Read More: https://punchng.com/mpr-cut-to-23-will-boost-production-cbn/
The Central Bank of Nigeria will offer N900 billion in Treasury bills, with the one-year instrument accounting for N700bn of the total at its Q4 auction. Read More: https://punchng.com/cbn-eyes-n900bn-as-one-year-t-bill-dominates-auction/
The Central Bank of Nigeria (CBN) has urged financial institutions to increase financing to productive sectors of the economy, following its decision to cut the Monetary Policy Rate (MPR) from 26.5 per cent to 23 per cent. The post Rate cut: CBN urges banks to fund productive sectors appeared first…
The Central Bank of Nigeria (CBN) has said Nigeria is on a path towards greater economic stability, increased competitiveness and sustainable growth following ongoing monetary, financial and foreign exchange reforms. The post Reforms: Nigeria on path to sustainable economic growth — CBN appeared…
The Central Bank of Nigeria has cut the Monetary Policy Rate from 26.5% to 23% to stimulate productive activities and sustain efforts to lower inflation. Read More: https://punchng.com/cbn-says-rate-cut-designed-to-stimulate-productive-activities/
The witness, a Federal Ministry of Finance official, said withdrawals from the Consolidated Revenue Account (CRA) required the approvals of the Office of the Accountant General of the Federation and the Federal Ministry of Finance. The post CBN under Emefiele withdrew N124.86bn from consolidated…
The recent interest rates resetting by the Central Bank of Nigeria (CBN) at the 307th meeting of the Monetary Policy Committee (MPC), held on September 21 and 22, 2026 has been welcomed by experts and industry players who described it as the right step in the right direction. It would be recalled…
Investors’ appetite for Open Market Operations (OMO) bills remained strong in September despite declining yields, with experts attributing the trend to relatively high returns, naira stability, broader market participation and excess liquidity in the financial system. Daily Trust reports that OMO…
The findings were contained in the apex bank’s latest Business Expectations Survey, which showed that while firms remained concerned about several aspects of the operating environment, overall business sentiment stayed positive during the month. The post Multiple Taxes, Insecurity, High Interest…
The Central Bank of Nigeria returned N10.89tn to the financial system in September through maturing Open Market Operations (OMO) bills, new data shows. Read More: https://punchng.com/cbn-returns-n10-9trn-liquidity-through-omo-repayments/