…a decade.The Central Bank of Nigeria (CBN) has intensified its battle against excess liquidity, raising N4.72 trillion through Open Market Operations (OMO) auctions in two days as investors chased yields approaching 20 per cent.The huge mop-up came after investors submitted N8.62 trillion worth of bids for the short-te…

…that directing more diaspora funds through formal channels enhances foreign exchange liquidity and market transparency, supports household consumption and investment, and strengthens the nation's broader external financing position. Reflecting on the milestone, Cardoso remarked, "July is an important marker, but our fo…

…to N1,337.28 per dollar, extending a week-long strengthening trend amid improved liquidityNigeria's foreign exchange market benefits from rising dollar supply, supporting Naira's stable performanceExternal reserves climb to $53.3 billion, marking a positive outlook for Nigeria's economic stabilityPAY ATTENTION: Mark Le…

The expected maturity of about N2.32 trillion in Open Market Operations (OMO) instruments and N166 billion in bond coupons is set to provide additional liquidity to the Nigerian money market this week The post N2.32trn OMO maturities to boost liquidity, moderate money market rates appeared first on Tribune Online.

…establish an independent electricity market free from government intervention, improve liquidity and sustainability in the sector, and reduce recurring debts and losses. The ministry identified the electricity deficit as a major constraint to industrialisation, noting that Nigeria currently has 13,625 megawatts of inst…

Nigeria's FX demand dropped 35.23% in April, totalling $3.42 billion, according to CBN dataNaira appreciated by 1.38%, reaching N1,361.22 per dollar amid reduced FX trading activityNigeria recorded a stronger net FX inflow of $5.85 billion despite lower overall inflows in AprilPAY ATTENTION: Find it fast with our new s…

…on non-Treasury Single Account public sector deposits as part of measures to strengthen liquidity management and reduce inflationary pressures. The CBN official spoke at the event themed “Driving Alternative Payment Channels as Tools for Financial Inclusion, Growth and Accelerated Economic Development.” She said the fa…

…macroeconomic stabilisation had produced significant improvements in foreign exchange liquidity, reserves, inflation and economic growth, but structural constraints, high financing costs and weak household purchasing power were limiting the conversion of these gains into inclusive growth. The report showed that real Gr…

…as lower inflation, continued exchange rate stability, and improved foreign exchange liquidity ease production constraints and strengthen business confidence,” the NESG said. The post NESG projects inflation to average 15.5% in H2’26 appeared first on Vanguard News.

According to him, the ability of investors to enter and exit positions efficiently, competitive bid-offer spreads and effective price discovery are equally critical measures of market strength. The post NGX, Stanbic IBTC push market making, securities lending to deepen equity liquidity appeared first on Tribune Online.

…of government securities.The policy change is expected to improve banks’ access to liquidity and strengthen the transmission of monetary policy across the financial system.FX turnover jumps 266 per centTrading activity also surged sharply on Monday, underscoring increased liquidity and participation in the interbank FX…

Nigeria’s electricity subsidy remains a significant fiscal and market-liquidity burden, with the Federal Government covering N358.32 billion of generation costs in the first quarter of 2026, according to data from the Nigerian Electricity Regulatory Commission (NERC). The figure represents 51.95 per cent of the N689.72…

…framework and the restoration of Tenored Repo Operations are expected to enhance banks’ liquidity-management flexibility. Analysts note, however, that money-market rates are likely to remain elevated in the near term, given the apex bank’s ongoing tight policy stance. The Treasury Bills market closed the trading week o…

…FX Spot and Derivatives markets. The downturn comes amid ongoing fluctuations in local liquidity demand, where interbank authorised dealers and their corporate clients regularly adjust foreign currency exposures based on immediate trade obligations and broader economic indicators. The overall contraction in market acti…

…during the same period in 2024, giving the apex bank a stronger buffer to manage FX liquidity and service the country's external obligations.The CBN also announced a set of market reforms alongside the reserve milestone. These include easing restrictions on Deposit Money Banks' access to the discount window and Standin…

…outstanding ⁠under the original 2023 deal while unlocking an additional $3 billion in liquidity, the report said.It added that ‘‘the refinancing comes as Nigeria seeks to shore up its foreign reserves and fund fiscal priorities amid persistent pressure on the naira currency and efforts to attract foreign investment thr…

…access tokens. Gains from disposal are taxable, while staking rewards, DeFi yields and liquidity rewards are treated as taxable income when received. NFTs are covered, but their tax treatment depends on whether the owner is the creator, investor or trader. Income earned by NFT creators is treated differently from gains…

…$1.5bn under the original 2023 facility while unlocking an additional $3bn in liquidity to strengthen Nigeria’s external reserves and support ongoing fiscal and infrastructure priorities. Senior Special Assistant to the President on Media and Communications in the Office of the Vice President, Stanley Nkwocha, revealed…

…investors.“ Listed on The Nigerian Stock Exchange. “Qualifies as a liquid asset for liquidity ratio calculation for banks.” The Office also noted that the instruments are backed by the full faith and credit of the Federal Government of Nigeria and charged upon the general assets of Nigeria. The post DMO offers FGN 2yr,…

…(NTBs) and N2.19 trillion in Open Market Operations (OMO) auctions drained significant liquidity from the banking system. System liquidity fell 20.68 per cent to N2.99 trillion from N3.78 trillion the previous week. Despite […] The post Combined N783.78bn OMO, Treasury Bills maturities to boost liquidity conditions app…

…capitalisation on the Nigerian Exchange, significantly increasing the market's depth and liquidity. With the application now before the SEC, attention has shifted to the completion of regulatory approvals and the publication of a prospectus ahead of the anticipated September launch.5 steps to buy refinery shares as IPO…

Nigeria's broad money supply increased, showing that liquidity in the economy continued to grow despite the CBN's tight monetary policyThe increase was mainly driven by higher domestic assets, savings, and time deposits, while cash held outside the banking system declinedThe growth in money supply comes after the CBN r…

…for government securities is driven by their reputation as safe-haven assets, high liquidity, attractive yields compared to other low-risk options, and increased participation from both institutional and retail. As the size of pension funds grows, obviously more of their investments will flow to FGNs.” The post High in…

…naira strengthened against the dollar in both the official and parallel markets as liquidity improved sharply across FX segmentsCBN Governor Olayemi Cardoso credited ongoing reforms for pushing Nigeria's net foreign reserves from about $3 billion to over $40 billionFind it fast with our new search feature at Legit.ng!…

…in May. This decline indicates an increased formalization of transactions as more liquidity flows back into the banking environment. The post Private sector credit hits N83trn, as money supply surges appeared first on Vanguard News.