Tag: CBN

By Ehi Braimah SUN 07 FEB, 2021-theGBJournal- Recently, the Central Bank of Nigeria (CBN) issued a directive to Deposit Money Banks (DMBs), non-bank financial institutions...

SAT 06 FEB, 2021-theGBJournal- The overnight (OVN) rate expanded by 700bps w/w to 18.0% as system liquidity (weekly average c. NGN224.52 billion) was squeezed...

By Audrey Lotechukwu FRI 05 FEB, 2021-theGBJournal- Nigeria’s Infrastructure Concession Regulatory Commission (ICRC) has within a few months of its operation, banked N2,400,689,340.00 with the...

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...

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...

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,...

…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...

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)...

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...

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...