Tag: CBN
Quick Take: Economy’s fragile state will continue to hamper non-oil revenue
SAT 24 APRIL, 2021-theGBJournal- According to the January 2021 economic report of the Central Bank of Nigeria (CBN), the retained revenue of the FGN...
FX WATCH: FX reserves down US$131.97 million w/w to US$35.12 billion,...
SAT 24 APRIL, 2021-theGBJournal- Nigeria’s FX reserves recorded its first decline in five weeks, as it fell by USD131.97 million w/w to USD35.12 billion...
Treasury bills market depressed by Illiquidity as yield across instruments end...
SAT 24 APRIL, 2021-theGBJournal- The Treasury bills secondary market remained bearish following the persistent illiquidity in the interbank market. As a result, the average...
Money Market: Overnight rate jumps by 15.83 ppts w/w to 28.3%...
SAT 17 APRIL, 2021-theGBJournal-The overnight (OVN) rate jumped by 15.83 ppts w/w to 28.3% as outflows for CRR debit, weekly OMO (NGN20.00 billion) and...
FX WATCH: FX reserves records another week of accretion, grows by...
SAT 17 APRIL, 2021-theGBJournal-Nigeria’s FX reserves recorded another accretion this week, as it grew by USD163.58 million w/w to USD35.20 billion (14th April 2021).
The...
QUICK TAKE: The false equivalence between printing of Naira by CBN...
By theGBJournal Editorial Board
FRI 16 APRIL, 2021-theGBJournal- It is tragic that the first response of the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele...
Markets Wrap: Stocks close lower with Insurance, Banking and Industrial Goods...
THUR 15 APRIL, 2021-theGBJournal-Negative sentiments resurfaced in the local bourse today, as the benchmark index declined by 0.2% to 38,571.89 points following profit-taking on...
Liquidity dearth pressures T-Bills market as average yield expanded by 22bps...
SAT 10 APRIL, 2021-theGBJournal-As expected, the overall Treasury bills secondary market was bearish, following the liquidity dearth in the system. Thus, the average yield...
LCCI, analysts react to MPC’s decision to hold monetary policy parameters
By Audrey Lotechukwu and Azuka Christopher
WED 24 MARCH, 2021-theGBJournal- The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) retained policy parameters during its...
Stimulating dollar and energetic inflows
By Arize Nwobu
WED 24 MARCH, 2021-theGBJournal- Creative and innovative policies help to drive economic growth and development. Crises spur critical thinking and creativity whereby...





