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FX WATCH: FX Reserves tumbles again by $40.05 million w/w as...

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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...

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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

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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,...

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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%

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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...

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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...

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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...

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…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...

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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...

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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...