Tag: CBN
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CBN Sells N598.3bn Treasury Bills Amid Strong Market Demand
The Central Bank of Nigeria (CBN) has raised N598.33 billion through its latest Treasury Bills auction, with the 364-day instrument dominating 80% of total...
Naira Loses 3% Value in Q1 2025 Despite CBN’s $668.8 Million FX Intervention
The Nigerian naira depreciated by approximately 3% in the first quarter of 2025, sliding from ₦1,492.49 to ₦1,536.82 against the US dollar in the...
Naira Gains Strength in Parallel Market, Hits N1,575/$
Official exchange rate sees slight depreciation as gap between markets narrows.
LAGOS — The Nigerian naira continued its upward trend in the parallel market on Wednesday,...
CBN Governor Cardoso: Nigeria Regaining Investor Confidence as Global Financial Leaders Show Interest
Abuja, Nigeria – Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has stated that recent high-level engagements with global financial institutions signal renewed investor confidence...
CBN Governor Advocates Stronger Economic Ties with Middle East, Diaspora Community
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has called for stronger economic relations with the Middle East and Nigeria’s...
