Tag: CBN

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...

SAT 07 AUG, 2021-theGBJournal- The overnight (OVN) rate expanded by 12.75ppts w/w to 20.5%. The rate remained in the single-digit territory through most part...

By Issa Aremu THUR 05 AUG, 2021-theGBJournal- The 11th second- term running Governor of the Central Bank of Nigeria (CBN) turns 60 Wednesday. As...

WED 04 AUG, 2021-theGBJournal- The Central Bank of Nigeria (CBN) on 27 June decided to discontinue supplying Bureau De Changes (BDCs) with FX and...

SAT 31 JULY, 2021-theGBJournal- At the July policy meeting, the Monetary Policy Committee unanimously voted to keep the MPR at 11.5% alongside other key...

SAT 24 JULY, 2021-theGBJournal- The overnight rate expanded by 24.00ppts w/w to 28.8%, as debits for CRR, FGN bond (NGN137.97 billion) and CBN’s weekly...

SAT 17 JULY, 2021-theGBJournal- Trading in the Treasury bills secondary market was bullish, as average yield across all instruments contracted by 30bps to 8.1%...