Tag: CBN

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...

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,...