Financial analysts have called on the Central Bank of Nigeria to begin a process of monetary policy slackening in order to boost liquidity in the system. The Financial Derivative Company Limited in a report made available to our correspondent on Friday said there was the need to start reducing the […]
Tag: Central Bank of Nigeria
CBN to sell N826.31bn in T-bills in Q1
The Central Bank of Nigeria plans to raise about N826.31bn ($5.26bn) worth in treasury bills, ranging between three months and one year in the first quarter of the year. The CBN, in a statement on Friday, said it plans to auction N331.29bn naira in 91-day, 182-day and 364-day paper in […]
Nigeria’s Central Bank Revokes Licences of 236 Bureaux De Change
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Wednesday announced it has revoked the operating licences of 236 Bureaux De Change. This is contained in a Circular with reference number TED/FEM/FPC/GEN/01/041 posted on the official website of the CBN. The Circular signed by Batari Musa, Director, Trade and Exchange […]
