Tag: CBN

FRI 01 OCT, 2021-theGBJournal- The accretion to Nigeria’s FX reserves was sustained for the sixth consecutive week, as the gross reserve position closed higher...

SAT 25 SEPT, 2021-theGBJournal- The overnight (OVN) rate contracted by 50bps w/w to 17.3%, as inflows from FAAC disbursements (c. NGN407.71 billion) and FGN...

SAT 18 SEPT, 2021-theGBJournal- Nigeria's FX reserves sustained its weekly accretion as it closed higher by USD507.08 million w/w to USD35.37billion (16th September 2021)...

WED 15 SEPT, 2021-theGBJournal- The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) is expected to hold its penultimate meeting of the year...

SAT 11 SEPT, 2021-theGBJournal- The overnight (OVN) rate expanded by 100bps w/w to 14.5% as funding pressures for net NTB issuances (NGN71.34 billion) and...

SAT 04 SEPT, 2021-theGBJournal- The Treasury bills secondary market traded with bullish sentiments following higher demand on the back of the improved system liquidity....

TUE 31 AUG, 2021-theGBJournal- The Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech company, Bitt Inc., as the...

MON 30 AUG, 2021-theGBJournal-Setting the weak 2Q21 GDP numbers aside- which, according to EFG Hermes Head of Macro Economy, Mohamed Abu Basha- confirms Nigeria’s...

SAT 28 AUG, 2021-theGBJournal- Bearish sentiments returned to the Treasury bills secondary market sustained as market participants sold off positions to meet funding obligations...

THUR 19 AUG, 2021-theGBJournal- Trading in the local bourse was negative for most of the day; however, late demand for bellwether stock — MTNN...