Home Tags CBN

Tag: CBN

Quick Take: Economy’s fragile state will continue to hamper non-oil revenue

0
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,...

0
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...

0
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%...

0
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...

0
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...

0
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...

0
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...

0
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

0
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

0
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...