By Jennete Ugo Anya Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has declared that the period of persistent naira devaluation has effectively ended, …
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Monetary Policy
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Economy
CBN Offers N600bn OMO Bills, Allots N81bn To Absorb Liquidity
by StakeBridgeby StakeBridge 5 minutes readBy Olumide Johnson The Central Bank of Nigeria (CBN) has offered N600 billion in Open Market Operation (OMO) bills as part of its ongoing strategy to …
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Economy
Edun’s Rate Cut Applause Masks Transmission Uncertainty
by StakeBridgeby StakeBridge 4 minutes readBy Johnson Emmanuel Mr. Wale Edun, Honourable Minister of Finance and Coordinating Minister of the Economy, publicly welcomed the decision by Central Bank of Nigeria (CBN) …
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Economy
Nigeria’s FX Buffers Grow, But Structural Vulnerabilities Persist
by StakeBridgeby StakeBridge 5 minutes readBy Enam Obiosio  FX Strength Hides Structural Risks Gross Reserves Up, Net Clarity Pending Confidence Beats Quantity in FX Markets Considering Nigeria’s latest reserves narrative, the …
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