Tag: CBN

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...

Nigerian banks now mandated to open USD bank accounts for those receiving international money transfers WED 17 FEB, 2021-theGBJournal- WorldRemit, a leading cross-border digital payments...

SAT 13 FEB, 2021-theGBJournal- Nigeria’s FX reserves sustained its descent, as it dipped by USD153.60 million w/w to USD35.89 billion (9th February 2021). Across...

SAT 13 FEB, 2021-theGBJournal- The Treasury bills secondary market ended the week on a bearish note, as the average yield across all instruments expanded...

Naira stays flat at N400.00/$ at the I&E window THUR 11 FEB, 2021-theGBJournal- The overnight lending rate increased by 58bps to 5.8%, following outflows for...

By Tolu Oyekan  WED 10 FEB, 2021-theGBJournal- As of this writing, the spread of COVID-19 in many African countries has been more contained, and the...

MON 08 FEB, 2021-theGBJournal- Nigerian equities opened the week in red, as a sell-down in GUARANTY (-8.8%) extended last week’s bearish trading for the...

By Charles Ike-Okoh MON 08 FEB, 2021-theGBJournal- This is a clear case of two government regulatory agencies working at cross purpose. While The Central Bank of...