CBN Injects 254.8m, CNY 35.8m Into Forex Retail SMIS Following the injection of $210m into the wholesale segment of the Inter-Bank Foreign Exchange market on Tuesday, April 16, 2019, the Central Bank of Nigeria (CBN) has intervened in the retail Secondary Market Intervention Sales (SMIS)...

Apex Bank To Auction N58.5bn Treasury Bills This Week   The Central Bank of Nigeria will conduct a primary market auction on Treasury bills this week, offering a total of N58.5bn across the 91-day (N5.8bn), 182-day (N29.2bn) and 364-day (N23.4bn) tenors. The 91-day tenor recorded the last...

CBN Defends Position On Agriculture Financing, MSMEs The Central Bank of Nigeria (CBN), says it is directly involved in financing agriculture, infrastructure and Micro Small and Medium Enterprises (MSMEs) to ensure real growth in the economy. Mr Isaac Okorafor, CBN’s Director, Corporate Communication, said this yesterday...

CBN, Banks To Share N200bn Single-digit Loans To Creative Industry   The Central Bank of Nigeria (CBN) and banks, under the aegis of the Bankers’ Committee, Thursday said they have resolved to commence the disbursement of single-digit loans to the creative industry, some targeted cash crops,...

CBN Conducts Auction Of N95.7bn Treasury Bills   The Central Bank of Nigeria conducted the first Treasury bills primary market auction for the second quarter on Tuesday, offering a total of N95.7bn (roll-over of total maturing bills) across the 91-, 182- and 364-day instruments. Analysts at Afrinvest...

We're Set To Review Payment Service Vision 2020 - CBN   The Central Bank of Nigeria says it is set to review the Payment Service Vision 2020 in furtherance of its payment system objectives and in response to the developments in the system. The Deputy Governor, Financial...