CBN abruptly halts N700bn treasury bills auction following aggressive liquidity mop-up operations

The Central Bank of Nigeria has officially cancelled the treasury bills auction originally scheduled for August 5, 2026, marking a significant shift in the regulator’s monetary policy stance. This decision follows a period of intense liquidity management, during which the apex bank withdrew a staggering N4.69 trillion from the banking system within two consecutive trading […]

9 mins read

Stormont’s pleas for more Treasury billions overshadow Northern Ireland Secretary Chris Bryant’s first day on the ground

Hillsborough, Northern Ireland — The political and financial foundations of Northern Ireland reached a precarious inflection point this Friday as the region’s devolved government failed to secure a multi-year budgetary agreement, triggering an automatic spending cap that threatens to cripple essential public services. As the clock struck midnight on the legal deadline for fiscal planning, […]

6 mins read