Firms expect borrowing costs to ease in coming months — CBN
Firms are expecting borrowing cost for banks’ loans to decline in the next three months despite seeing rates elevated in July. This…
CBN
CBN offers ₦700bn in first August treasury bills auction
The Central Bank of Nigeria on behalf of the Debt Management Office is offering N700 billion for auction across the 91-day, 182-day…
Bank customers’ complaints rise 11% as CBN orders ₦19.12bn refund
Bank customers filed more complaints against financial institutions in 2025, prompting the Central Bank of Nigeria to order significant refunds to affected…
₦100, ₦200 notes scarcity caused by digital payments adoption — Cardoso
The Central Bank of Nigeria says lower-denomination naira notes are currently scarce due to growing adoption of digital payments and changing currency…
CBN allots N1.19tn as investors shun short-term treasury bills
Investors in Nigeria’s Treasury Bills market submitted N2.87 trillion in bids for the 364-day instrument at the July 15 primary market auction,…
CBN targets ₦600bn in treasury bills auction today
The Central Bank of Nigeria is targeting to raise N600 billion through a Nigerian Treasury Bills auction scheduled for today, Wednesday, July…
CBN repays N2.97tn in maturing OMO bills
The Central Bank of Nigeria repaid N2.97 trillion in maturing Open Market Operations bills on Tuesday, a day after it conducted a…
MPC member urged CBN to lower lending rates for businesses
The Central Bank of Nigeria has been urged to introduce additional measures to lower lending rates for households and businesses. The call…
CBN sets two-day cap on contract suspensions during bank resolutions
The Central Bank of Nigeria has issued fresh guidance clarifying how Sections 34(2)(b) and 40(2) of the Banks and Other Financial Institutions…
CBN revokes licences of 46 microfinance banks nationwide over violations
The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks across the country, citing their failure to meet…
CBN orders immediate freeze on terrorism sanctioned accounts
The Central Bank of Nigeria has directed banks, Payment Service Banks and other financial institutions to immediately freeze the accounts and assets…
CBN offers ₦450bn treasury bills at auction
The Central Bank of Nigeria is offering N450 billion worth of Nigerian Treasury Bills for auction on Wednesday, June 17, with the…