Tag: CBN
Fx Watch: Nigeria’s FX reserve dips by $102.58 million w/w, to...
SAT 20 NOV, 2021-theGBJournal- Nigeria’s FX reserve declined for the third consecutive week as the gross reserves closed lower by USD102.58 million w/w, to...
CBN grants Airtel Mobile Commerce Nigeria Ltd approval to operate as...
MON 15 NOV, 2021-theGBJournal- The Central Bank of Nigeria (CBN) has granted Airtel Mobile Commerce Nigeria Ltd, a subsidiary of Airtel Africa, a leading...
fx Watch: Gross reserves down by US$167.67 million w/w to US$41.53...
SAT 13 NOV, 2021-theGBJournal- Nigeria’s FX reserve sustained its decline as the CBN stepped up its interventions in the FX market.
Thus, the gross...
President Buhari activates Nigerian Central Bank Digital Currency eNaira, procedure for...
….President predicts digital currency will boost Nigeria’s GDP by N29 billion in 10 years
MON 25 OCT, 2021-theGBJournal- President Muhammadu Buhari formally unveiled the Nigerian...
Market Wrap: Sell-offs dominate bonds market, average yield at the OMO...
WED 20 OCT, 2021-theGBJournal- The overnight lending rate contracted by 50bps to 15.0% in the absence of any significant funding pressures on the system.
Trading...
Insights on economy and foreign exchange dynamics
By Arize Nwobu
THUR 14 OCT, 2021-theGBJournal- Exchange rate is the price of one currency in terms of another and it is the back bone...
Wigwe, Emefiele honoured with Juris Law Award for outstanding contributions in...
THUR 14 OCT, 2021-theGBJournal- The Chairman, Body of Bank CEOs and Group Managing Director of Access Bank PLC, Herbert Wigwe, has been recognised for...
Analysis: Eurobond issuance and ongoing domestic borrowings may reduce the FGN’s...
MON 11 OCT, 2021-theGBJournal- According to the H1-21 Budget Implementation Report (BIR) released by the Budget Office of the Federation, the FGN's actual retained...
Markets Wrap: Yield on T-bills projected to settle lower in the...
SAT 09 OCT, 2021-theGBJournal- The Treasury bills secondary market closed the week on a bearish note as the average yield across all instruments expanded...
Markets Wrap: T-Bills subscription level tops N174.74billion on high demand, Bonds...
FRI 01 OCT, 2021-theGBJournal- At the money market, the overnight (OVN) rate contracted by 150bps w/w to 15.8%, as the liquidity surfeit from FAAC...