Tag: cbn

Nigerian banks increased their lending to the Federal Government by ₦15.66 trillion in one year, according to the Central Bank of Nigeria’s (CBN) money and credit statistics.

Private sector credit dropped sharply by over ₦14 trillion in just two months, falling to ₦80.59 trillion in April 2026 from a peak of ₦94.61 trillion in February 2026, despite the Central Bank of Nigeria’s (CBN) decision to ease monetary policy.

For much of the period following the appointment of Olayemi Cardoso, Nigeria’s foreign exchange market faced more than a liquidity shortage.

CBN and The Internal Reorganization By Zekeri Idakwo Laruba A central bank cannot project monetary stability externally while experiencing internal fragmentation. What happens inside the institution ultimately determines what it can credibly communicate to the outside world. Within the Central Bank of Nigeria, employee relations have increasingly...

Nigeria’s Trade Surplus Jumps 220% to $480m   Nigeria recorded a $480 million trade surplus in January 2026, driven by a 4.46 percent increase in export receipts to a record $4.68 billion, largely fueled by petroleum products. This represents a 220 percent month-on-month (MoM) increase in trade...

CBN Allots N829.3bn T-Bills on Strong N2trn Subscription   The Central Bank of Nigeria (CBN) allotted a total of N829.32 billion at its Treasury Bills Primary Market Auction held on May 20, 2026, as investor demand remained heavily skewed toward long-dated government securities. Auction results showed that...