Tag: CBN
Weekly Markets Wrap: Equities rack up another week of gains, bond...
SAT, OCT 10 2020-theG&BJournal-Despite some profit-taking towards the end of the week, record gains at the start of the week drove the equities market...
Markets: NSE benchmark index climbs 2.1% to biggest gain since May...
MON, 05 OCT, 2020-theGBJournal- Trading in the domestic equities market carried on last week’s bullish performance, as interest in MTNN (+3.9%), AIRTELAFRI (+5.3%) and...
Markets: FX reserves decline by $22.00 million w/w, bond average yield...
SAT, 03 OCT, 2020-theGBJournal-Nigeria’s FX reserves declined by USD22.00 million w/w to USD35.72 billion, as FX outflows outpaced inflows. Across the FX windows, the...
CBN’s approval boosts Access Bank Plc’s planned restructuring to a Holding...
By Audrey Lotechukwu
…Commences operation in Mozambique and SA markets
TUE, 29 SEPT, 2020-theGBJournal- Access Bank Plc’s planned restructuring to a Holding Company (HoldCo) received a...
Weekly Markets Wrap: All-Share Index closes 2.9% higher amidst sharp drop...
SAT, 26 SEPT, 2020-theGBJournal-In sharp contrast to the record sell-offs across global markets, Nigerian equities recorded their best weekly performance in four months, crossing...
FX reserves drops by $47.33 million, Naira gains in the forwards...
SAT, 26 SEPT, 2020-theGBJournal-Nigeria’s FX reserves recorded its first weekly decline in five weeks, falling by USD47.33 million w/w to USD35.77 billion. Across the...
Manufacturing PMI shrinks in September 2020 for the fifth time, employment...
THUR, 24 SEPT, 2020-theGBJournal-The Central Bank of Nigeria (CBN) on Wednesday published the Manufacturing Purchasing Managers’ Index (PMI) Survey Report for the month of...
Equities fall on profit taking, with All-Share Index closing 0.2% lower,...
WED SEPT 16, 2020-theGBJournal-Profit taking continued today in the domestic equities market, with WAPCO (-3.7%) and Tier I bank stocks weighing down the bourse....
CBN tightens band on interest rate on savings deposit
TUE, SEPT 01 2020-theG&BJournal- The Central Bank of Nigeria has directed all deposit money banks in the country to set interest on local currency...
CBN, infraco and the infrastructure challenge
By Arize Nwobu
SAT, AUG 29 20202-theG&BJournal-The importance of infrastructure in expanding national production capacity and increasing a country’s wealth cannot be overemphasized. Research reports...