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CBN to Assume Full Control of Nigerian Fixed Income Market

Business1 min read
CBN to Assume Full Control of Nigerian Fixed Income Market

The Central Bank of Nigeria (CBN) announced plans to take full control of the Fixed Income Market starting November 2025 to enhance transparency and efficiency in Nigeria's financial ecosystem. The phased operational overhaul will see the CBN manage the settlement process, trading platform, and transactions.

This strategic move aims to strengthen regulatory oversight, support monetary policy transmission, and boost economic growth. The initiative is part of broader financial market reforms to streamline operations and ensure market integrity.

By assuming direct responsibility for the market, the CBN aims to improve regulatory frameworks and market supervision, signaling a significant shift in the financial landscape.

Plus234Feed summary based on reporting from The Will. Read the original report below.

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