May 11, 2023/CSL Research According to newspaper reports, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, stated that foreign exchange repatriation into Nigeria increased by 40% due to the implementation of its RT200 FX programme. Emefiele noted this while delivering his keynote address at the RT200 non-oil […]

May 11, 2023/United Capital Yesterday, the Central Bank of Nigeria (CBN) conducted its first NT-bills auction for May-2023 at the primary market. The CBN offered a total of N143.98bn bills across the 91-day, 182-day and 364-day papers. At the auction, investors’ demand was strong, with total subscriptions printing at N820.8bn, […]

May 10, 2023/CSL Research According to the Debt Management Office, Nigeria’s public debt stock stood at N46.25 trillion (US$103.1 billion) as of December 31, 2022; when the N22.7 trillion to be securitized is included, total public debt climbs to N77.8 trillion. Nigeria’s external debt has continued to climb, despite shrinking […]