Tag: CBN
MARKETS BRIEF: Treasury bonds average yield expands by 97bps to 8.1%,...
SAT 30 JAN, 2021-theGBJournal- Activities in the Treasury bonds secondary market were bearish, as investors traded cautiously in keen expectation of the MPC’s decision...
FX WATCH: FX reserves falls by US$113.39 million w/w to US$36.40...
SAT 30 JAN, 2021-theGBJournal- Nigeria’s FX reserves recorded its first weekly decline of the year, as it dipped by USD113.39 million w/w to USD36.40...
Bears feast on treasury bonds as average yield expanded by 6bps...
THUR 28 JAN, 2021-theGBJournal- The Treasury bonds secondary market maintained its bearish stance, as average yield expanded by 6bps to 7.4%. Across the curve,...
MARKETS BRIEF: Treasury bonds average yield expands by 7bps to 7.4%...
…NSE benchmark index advanced by 0.8% to 41,930.73 points following investors’ interests in bellwethers
WED 27 JAN, 2021-theGBJournal- The overnight lending rate inched higher by...
Central Bank of Nigeria retains monetary policy rate at 11.5%, knocks...
By Charles Ike-Okoh
TUE 26 JAN, 2021-theGBJournal- The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held the monetary policy rate (MPR)...
Treasury bills secondary market ends week bearish on profit-taking, overnight rate...
SAT 23 JAN, 2021-theGBJournal- The overnight (OVN) rate expanded by 950bps w/w, to 10.5%. The rate was depressed for most of the week, as...
MARKETS BRIEF: Treasury bonds average yield expands by 19bps to 6.8%...
THUR 21 JAN, 2021-theGBJournal- The Treasury bonds secondary market was bearish in today’s session, as average yield expanded by 19bps to 6.8%. Across the...
MARKETS BRIEF: Naira gains 0.1% to N393.33/US$, treasury bonds declines 10bps...
TUE 19 JAN, 2021-theGBJournal- The local currency, the Naira strengthened today by 0.1% to N393.33/US$ at the I&E window following Monday’s 0.2% gain. The...
Nigeria’s ultra-low treasury bill yields will harm banks’ profitability-Moody’s
MON 18 JAN, 2021-theGBJournal- On 13 January, the Central Bank of Nigeria (CBN) sold treasury bills (TBs) at ultra-low yields, with a 0.5% coupon...
FX WATCH: Nigeria’s FX reserves rises by $363.61 million w/w to...
SAT 16 JAN, 2021-theGBJournal- Nigeria’s FX reserves maintained its accretion for the fourth consecutive week, as the gross reserve position grew by USD363.61 million...