Tag: CBN

SAT, 05 DEC, 2020-theGBJournal- During the course of the week, the Central Bank of Nigeria disclosed it intends to introduce special bills as part...

…Overnight rate expanded by 275 bps w/w to 4.3% …Apprehension for yields dominates T-bills market SAT, 05 DEC, 2020-theGBJournal- The Treasury bond secondary market retraced this...

SAT, 05 DEC, 2020-theGBJournal- Nigeria’s FX reserves continued its descent, as the gross reserves position declined by USD115.83 million w/w to USD35.30 billion. This...

SAT, 28 NOV, 2020-theGBJournal- Nigeria’s FX reserves declined by USD40.05 million w/w to USD35.45 billion, as the outflows for the CBN’s interventions across the...

SAT, 28 NOV, 2020-theGBJournal- The bond secondary market remained bullish this week, as average yield declined by 12bps to 3.9%. We attribute the bullish...

By Arize Nwobu THUR, 26 NOV, 2020-theGBJournal-According to the National  Bureau of Statistics (NBS), the economy had slipped into another recession, the GDP having contracted...

WED, 25 NOV, 2020-theGBJournal- The Treasury bonds secondary market remained bullish, as the average yield contracted by 7bps to 3.9%. Across the curve, average...

By Audrey Lotechukwu TUE, 24 NOV, 2020-theGBJournal-The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) today unanimously voted to retain the MPR at 11.5...

SAT, 21 NOV, 2020-theGBJournal- Nigeria’s FX reserves decreased by USD95.82 million w/w to USD35.51 billion,  as the CBN maintained its support for the currency...

SAT, 21 NOV, 2020-theGBJournal- The overnight (OVN) rate expanded by 370 bps w/w, to 4.3% as debits late in the week for CRR, CBN’s...