Tag: CBN

THUR 06 MAY, 2021-theGBJournal- Moody's Investors Service, (Moody's) Wednesday placed all long-term ratings and assessments of First Bank of Nigeria Limited (First Bank) on...

SAT 01 MAY, 2021-theGBJournal- Nigeria’s foreign exchange reserves sustained its decline as outflows from the reserves outstripped inflows. Thus, it dipped by USD185.39 million...

By theGBJournal WED 28 APRIL, 2021-theGBJournal-The last decade witnessed tremendous changes in the nation’s banking landscape. The number of bank customers has grown, agency banking...

…Overnight lending rate expands by 50bps to 15.3% WED 28 APRIL, 2021-theGBJournal-Mixed sentiments persisted in the local bourse, as sell-off of large cap DANGCEM (-7.3%)...

MON 26 APRIL, 2021-theGBJournal- The domestic equities market opened the week with positive sentiments, as buying interests in NB (+1.6%) and WAPCO (+1.1%) spurred...

By Audrey Lotechukwu MON 26 APRIL, 2021-theGBJournal- The IndustriALL Global Union has called on Governor Nasir El-Rufai to “reconsider and withdraw” the mass sack of...

SAT 24 APRIL, 2021-theGBJournal- According to the January 2021 economic report of the Central Bank of Nigeria (CBN), the retained revenue of the FGN...

SAT 24 APRIL, 2021-theGBJournal- Nigeria’s FX reserves recorded its first decline in five weeks, as it fell by USD131.97 million w/w to USD35.12 billion...

SAT 24 APRIL, 2021-theGBJournal- The Treasury bills secondary market remained bearish following the persistent illiquidity in the interbank market. As a result, the average...

SAT 17 APRIL, 2021-theGBJournal-The overnight (OVN) rate jumped by 15.83 ppts w/w to 28.3% as outflows for CRR debit, weekly OMO (NGN20.00 billion) and...