Tag: CBN
FX WATCH: FX Reserves tumbles again by $40.05 million w/w as...
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...
MARKET WRAPS: Treasury bonds contract 12bps to 3.9% on bullish trading...
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...
COMMENT: Realities and battle against recession By Arize Nwobu
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...
MARKETS: Treasury bonds yield contracts 7bps to 3.9% on profit taking,...
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...
Central Bank of Nigeria holds Monetary Policy Rates at 11.5%
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...
FX WATCH: FX reserves declines by $95.82 million w/w to $35.51...
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...
MARKETS WRAP: Treasury bonds decline 11bps to 4.0% while overnight rate...
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...
MARKETS: Treasury bond average yield contracts by 1bp to 4.0%, Naira...
…All-Share Index declines by 0.8% to 34,774.08 points
MON, 16 NOV, 2020-theGBJournal- Trading in the Treasury bond secondary market was mixed, with bullish bias, as...
FX reserves decrease as CBN maintains support for currency, naira weakens...
SAT, 14 NOV, 2020-theGBJournal-Nigeria’s FX reserves decreased by USD11.55 million w/w to USD35.63 billion, as the CBN maintained its support for the currency via...
New President of FinTechNGR Ade Bajomo explains how technology and innovation...
By Audrey Lotechukwu
THUR, 12 NOV, 2020-theGBJournal- The new President of FinTech Association of Nigeria (FintechNGR) predicts that an appreciable number of innovative solutions will...