CBN Takes Full Control of Nigeria's Fixed Income Market in Major Reform

The Central Bank of Nigeria (CBN) has announced plans to assume full control of the country's fixed income market starting November 2025. This move is part of broader financial market reforms aimed at enhancing transparency, regulatory oversight, and supporting economic growth.

Under the new framework, the CBN will directly manage the trading platform and settlement transactions within the established system. This transition is seen as a critical step to boost confidence in the financial sector and improve the efficiency of trading fixed income securities.

The apex bank aims to provide investors with periodic interest payments and principal repayments upon maturity. The regulation is part of efforts to strengthen monetary policy transmission and promote economic development.