CBN Rejects Bids as 1-Year Treasury Bill Prices at 17.66%
The Central Bank of Nigeria rejected 60% of bids at its 364-day Treasury bill auction, setting the stop rate at 17.66% to manage liquidity.
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Browsing Tag
Central Bank of Nigeria
CBN Data Rule Triggers Digital Infrastructure Race in Nigeria
The Central Bank of Nigeria mandates local storage of payment data by 2027 to enhance oversight and data security in digital payments.
CBN Targets $21bn Diaspora Remittances In Digital Payments Push
The Central Bank of Nigeria aims to digitize $21bn in diaspora remittances by 2028, boosting formal channels and cutting costs to 5% or less.
Forex traders expect Nigeria naira to remain stable as CBN mops liquidity while oil revenues rise…
The Nigerian naira remained stable at N1,370/USD on July 3, 2026, supported by CBN liquidity mop-up and rising oil revenues.
CBN Revokes Operating Licenses of 46 Microfinance Banks Over Regulatory Breaches
The Central Bank of Nigeria revoked the licenses of 46 microfinance banks for regulatory breaches, effective July 1, 2026.