Tag: CBN
Naira finishes week 2.2% up against the dollar; FX reserves swells...
SAT DEC 14 2024-theGBJournal| The naira rose this week by 2.2% w/w to N1,544.35/USD following the Central Bank of Nigeria's (CBN) intervention which saw...
Markets Wrap | FGN Bonds price stabilizes with yield unmoved at...
... Treasury bills secondary market traded with bullish sentiments as the average yield contracted by 3bps to 25.7%.
MON DEC 09 2024-theGBJournal| At the FX...
Naira rises 7.3% w/w to N1,558.65 against the dollar on stellar...
SAT DEC 07 2024-theGBJournal|The Naira strengthened by 7.3% w/w to N1,558.65 against the U.S dollar by the close of trading on Friday, following stronger...
IFC and the Central Bank of Nigeria partner to scale up...
...IFC aims to significantly scale up its financing of critical sectors in Nigeria, with a goal of providing more than $1 billion in the...
Cybersecurity levy suspension stays-CBN
FRI SEPT 20 2024-theGBJournal| The Central of Nigeria (CBN) Friday clarified its stance on the controversial cybersecurity levy which was suspended in May 2024,...
Naira climbs 62bps against the dollar at NAFEM, FX reserves level...
SAT AUG 24 2024-theGBJournal| The naira achieved its highest single-day appreciation (+3.1%) on 21 August since 22 July, when it gained 6.4%, before closing...
Equities market struggles again as NGX All-Share dives 0.5% on profit...
...The total volume traded advanced by 20.3% to 599.25 million units, valued at N13.92 billion, and exchanged in 11,237 deals.
...GTCO was the most traded...
Quick Take| Increased maximum allowable advances from CBN to FG reflects...
...Comercio Partners notes that this amendment aims to provide the federal government with short-term funding to address budget deficits and finance critical projects
MON AUG...
Forex market sees limited intervention by CBN as Naira gains 0.1%...
SAT JUNE 08 2024-theGBJournal| The naira appreciated by 0.1% w/w to N1,483.99/US$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM), as the total turnover...
Treasury Bills yield closes week at 22.0% with N513.95 billion sold...
SAT JUNE 08 2024-theGBJournal|The Treasury Bills market traded on a mildly active note this week. The CBN issued the OMO auction announcement offering N250...
