Tag: CBN
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...
Treasury Bills closes week at 21.6% after eighth OMO auction of...
SAT JUNE 01 2024-theGBJournal|Proceedings in the Treasury bills secondary market closed Friday on a mixed note amid profit-taking activities specifically on the CBN’s OMO...
Treasury Bills yield expands 5bps to 21.9% as FGN Bonds yield...
THUR MAY 30 2024-theGBJournal|The Treasury bills secondary market traded on a bearish note, as the average yield expanded by 5bps to 21.9% on Thursday.
Across...
Nigeria’s FX reserves up US$195.01 million to US$32.64 billion as Naira...
SAT MAY 18 2024-theGBJournal|The value of the Naira to the dollar weakened by 212 bps week-on-week to print at N1,497.33/$ this week at the...