Tag: CBN

SAT JUNE 01 2024-theGBJournal|Proceedings in the Treasury bills secondary market closed Friday on a mixed note amid profit-taking activities specifically on the CBN’s OMO...

THUR MAY 30 2024-theGBJournal|The Treasury bills secondary market traded on a bearish note, as the average yield expanded by 5bps to 21.9% on Thursday. Across...

SAT MAY 18 2024-theGBJournal|The value of the Naira to the dollar weakened by 212 bps week-on-week to print at N1,497.33/$ this week at the...

FRI MAY 10 2024-theGBJournal| Central Bank of Nigeria (CBN) have extended a policy that waives processing fees on cash deposits exceeding certain amounts. This...

WED MAY 08 2024-theGBJournal| The Central Bank of Nigeria (CBN) has given international oil companies the green light to repatriate 50% of their proceeds...

...Nigeria’s FX reserves paused the five-week descent as the gross reserves level increased by US$10.76 million to US$32.12 billion (24 April). SAT APRIL 27 2024-theGBJournal|Over...

...In the present circumstance, it is anticipated that the quantum hike in MPR would effectively control the growing money supply which is part of...

...According to the CPPE, the high exchange rate for import duty assessment is fueling the already high inflation increasing production and operating costs for...

...This raises two question. First, what has driven these rates upwards? Second, how long will they be at these levels? ...If our analysis is correct,...

...Nigeria’s FX reserves recorded gains this week, as the gross reserves level increased by US$96.05 million w/w to US$33.21 billion SAT, FEB 17 2024-theGBJournal| Despite...