CBN's Takeover of Fixed-Income Market Raises Regulatory Concerns in Nigeria
The Central Bank of Nigeria (CBN) announced a sweeping overhaul of the country's fixed-income market to improve transparency and efficiency in monetary policy transmission. The CBN will directly control the trade platform and settlement process for Nigeria's fixed-income securities, including treasury bills and bonds.
This move, set to begin in November 2025, aims to reduce arbitrage opportunities, strengthen policy decisions, and enhance market monitoring. However, the takeover has sparked regulatory concerns, particularly with the Securities and Exchange Commission (SEC), raising issues of legal ambiguity and potential disruptions in the established market structure.
Plus234Feed summary based on reporting from The Will. Read the original report below.
Read full article
Continue on The Will
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
CBN Takes Full Control of Nigeria's Fixed Income Market in Major Reform
CBN's Interest Rate Hikes Drive Demand for Fixed Income Instruments, Boost Economy
CBN Implements New Treasury Bills Regime to Tighten Control Over Government Securities Market
CBN's Stability Agenda Boosts Investor Confidence in Nigerian Economy
CBN's Orthodox Monetary Policy Boosts Investor Confidence, Forex Inflows
CBN Implements Monetary Policy Easing to Attract Global Investors in Nigeria
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
