CBN To Auction N253bn Treasury Bills The Central Bank of Nigeria (CBN) will this week auction treasury bills worth N252.7 billion. A breakdown of the proposed sale of the fixed income instrument showed that the regulator will offer 91-day bills worth N6 billion; 182-day bills worth...

CBN Pumps Fresh $304.4m Into Forex Market The Central Bank of Nigeria (CBN) at the weekend intervened in the Retail Secondary Market Intervention Sales (SMIS) of the interbank foreign exchange market to the tune of $304.4 million. Figures obtained from the Bank indicated that the sum,...

Despite CBN Injections Naira Weakens To 364/dollar The naira weakened to 364 per United States dollar at the parallel market on Monday, despite the injection of $210m into the interbank foreign exchange market by the Central Bank of Nigeria. This latest injection came barely two trading...

The Central Bank of Nigeria (CBN) has injected another sum of $210million into the inter-bank Foreign Exchange Market, to meet customers’ requests in various segments of the market. Figures obtained from the Bank on Monday, January 15, 2018, indicate that the CBN offered $100million to...

Financial Inclusion: CBN Sets Fresh Targets For Banks Central Bank of Nigeria, CBN, has set state-by-state targets for the 21 commercial banks and 942 micro finance banks in the country to ensure that every Nigerian adult has access to financial services. Mr Godwin Emefiele the CBN...

225,000 Farmers To Reap From NIRSAL’s New Field Structure The Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL) is deploying an innovative nationwide field structure to support 225,000 farmers under the Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria (CBN). The initiative is...