Tag: CBN

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...

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...