Nigeria faces a delicate economic balancing act as billions of naira in liquidity could flow back into the financial system,
The Central Bank of Nigeria, in collaboration with the Financial Markets Dealers Association, has introduced the Nigerian Overnight Financing Rate
Recent slides in the official exchange rate of the Naira and the dramatic widening of the parallel market premium signaled
While domestic debt remains a large share of Nigeria’s rising debt, there has been a growing reliance on external loans
The Central Bank of Nigeria (CBN) this week approved the release of banks’ excess Cash Reserve Ratio (CRR) as part
International rating organisation, Fitch Ratings has said that foreign exchange liquidity and dollar shortage pose significant risks to the ratings
There are growing concerns about Nigeria’s fiscal situation. Key sources of concern are the country’s dwindling revenues, soaring deficits, growing
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