Nigeria’s CBN Absorbs US$13.2bn in September OMO Bills
Nigeria's central bank mopped up about US$13.2 billion in OMO bills in September; US$8.2 billion matured back, a net US$5.0...
October 3, 2026Topic
CBN
Nigeria’s Banks Swim in Cash After Sharp Rate Cut, Testing Inflation Fight
Nigeria cut its key interest rate from 26.5% to 23% on 22 September. Spare cash in Nigerian banks could now...
September 27, 2026
Nigeria Payment Infrastructure Faces New Rules as Interswitch Tour Opens
Interswitch opened its TechConnect 6.0 tour in Owerri as Nigeria payment infrastructure meets new central bank caps and a 2027...
September 24, 2026
Nigeria’s Central Bank Cuts Its Benchmark Rate to 23 Percent
The CBN interest rate fell to 23 percent from 26.5 percent on 22 September 2026, a surprise move Nigeria's central...
September 22, 2026
The Naira Hits a Two-Year High and Reserves Reach an 18-Year Peak
The naira two-year high of N1,315.67 came as external reserves reached US$53.99bn, an 18-year peak, with record July remittance inflows...
September 4, 2026