CBN Moves to Take Full Control of Nigeria’s Fixed Income Market

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CBN has moved to take full control of Nigeria’s Fixed Income Market from November.

NewsOnline Nigeria reports that the Central Bank of Nigeria (CBN) has announced sweeping new regulations that will give it direct control of the country’s fixed income market starting November 2025.

In a statement, the apex bank said the move is part of its broader financial market reforms aimed at boosting transparency, strengthening regulatory oversight, and enhancing the market’s role in supporting monetary policy transmission and economic growth.

Under the new framework, the CBN will assume direct management of the trading platform and take over end-to-end settlement of transactions within its established settlement system.

The bank described the transition as a critical step to deepen confidence in the financial sector and improve efficiency in the trading of fixed income securities — instruments that provide investors with periodic interest payments and principal repayment at maturity.

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