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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...

CBN sets maximum loan accessible under the Private Sector-Led Accelerated Agriculture...

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…CBN shall bear 50% of the credit risk in the event of default by the participant. TUE, 10 NOV, 2020-theGBJournal-The Central Bank of Nigeria (CBN)...

MARKETS: Treasury bond expands 2bps to 0.5% in response to March...

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THUR, 05 NOV, 2020-theGBJournal- The Nigerian equities market was marginally lower but closed flat after today’s proceedings, following declines in UBN (-3.6%), INTBREW (-5.8%)...

CBN’s Business Confidence Index reflects optimistic outlook for November

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By Charles Ike-Okoh THUR, 05 NOV, 2020-theGBJournal- ‘’Respondents are optimistic in their outlook for November with a Confidence Index of 37.9,’’ says the Central Bank...