Home Tags CBN

Tag: CBN

Money & Fixed Income Markets: Treasury bond reacts negatively to unanticipated...

0
…Overnight rate contracted by 337 bps w/w SAT, 12 DEC, 2020-theGBJournal- The Treasury bond secondary market reacted negatively to the unanticipated front-end supply from the...

CBN approves new license categorizations for payments system

0
By Audrey Lotechukwu THUR, 10 DEC, 2020-theGBJournal- The Central Bank of Nigeria (CBN) today announced the approval of new license categorisation for the payments system....

Naira devaluation as false economics

0
By ISSA Aremu THUR, 10 DEC, 2020-theGBJournal- After decades long of word counts and verbal exchanges on Naira devaluation and “oil subsidy removal,” yours...

Profit-taking persists in the treasury bonds market as average yield expands...

0
TUE, 08 DEC, 2020-theGBJournal- The Treasury bonds secondary market remained bearish following Monday’s bearish sentiments. Average yield expanded by 11bps to 4.1% and across the...

QUICK TAKE: Expect flexibility on Diaspora remittances to support dollar liquidity...

0
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...

MARKETS WRAP: Bonds average yield expands 20bps to 4.1% as news...

0
…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...

FX WATCH: FX reserves depleted again by $115.83 million w/w, Naira...

0
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...

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

0
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...

0
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

0
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...