The Central Bank of Nigeria has said it plans to issue N70.65bn ($445.18m) in treasury bills at its regular bi-monthly debt auction next week as part of measures to tighten liquidity. The Apex bank, which disclosed this on Wednesday, said the treasury bills would range from three-month to six-month maturities. […]
Tag: Central Bank of Nigeria
Bank customers welcome new policy on cheque clearance
Following the commencement of cheque truncation policy in Lagos banks, customers have endorsed the policy. They said it was a laudable initiative by the Central Bank of Nigeria. Some banks’ customers, who spoke with our correspondent on Monday at various banks, said the development would reduce delay in getting value […]
WDAS: CBN sold $10.18bn in first-half 2012 – Report
The Central Bank of Nigeria sold a total of $10.18bn at the Wholesale Dutch Auction System in the first half of this year, a report has revealed. The report, which was presented by the Executive Secretary and Chief Executive Officer, Financial Market Dealers Association, Mr. Wale Abe, at a round-table […]
