Tag: CBN

THUR 11 MARCH, 2021-theGBJournal- Trading at the domestic equities market turned negative today, following sell-offs of DANGCEM (-3.5%). Consequently, the benchmark index declined by...

TUE 09 MARCH, 2021-theGBJournal- The overnight lending rate declined by 25bps to 11.5%, following inflows into the system from OMO maturities (NGN60.00 billion). The NTB...

MON 08 MARCH, 2021-theGBJournal- The local bourse started the week on a positive note, with the market snapping four-day consecutive days of decline, as...

SAT 06 MARCH, 2021-theGBJournal-In line with our expectations, the overnight (OVN) rate expanded by 10.00ppts w/w, to 16.3%, as debits for CRR and CBN’s...

THUR 04 MARCH, 2021-theGBJournal- The domestic equities market extended its loss for the third consecutive day, as investors sold off on NB (-3.9%), DANGSUGAR...

By Arize Nwobu MON 01 MARCH, 2021-theGBJournal- The primary functions of central banks are, formulating and implementing monetary policy, regulating and supervising the banking and...

SAT 27 FEB, 2021-theGBJournal- Nigeria's FX reserves dipped by USD196.11 million w/w to USD35.23 billion (23rd February 2021), as the outflows from the reserves...

SAT 20 FEB, 2021-theGBJournal- The overnight (OVN) expanded by 15.75ppts w/w, to 20.5%. The rate was depressed at the beginning and middle of the...

SAT 20 FEB, 2021-theGBJournal- Nigeria’s FX reserves sustained its descent, as it dipped by USD177.39 million w/w to USD35.58 billion (16th February 2021). The naira...

WED 17 FEB, 2021-theGBJournal- In their 2021 domestic macroeconomic outlook report, Cordros Securities analysts projected that the CBN would adopt a combination of higher...