Tag: CBN
Weekly Markets Wrap: Equities gave up its gains, Naira crashed 7.56%,...
SAT, APRIL 25 2020-theG&BJournal- Profit-taking across DANGCEM (-4.4%), NESTLE (-5.9%) and Tier One banks stocks caused a retrace in market performance, after last week’s...
China boosts Nigeria’s COVID-19 response fund with additional cash and medical...
THUR, APRIL 23 2020-theG&BJournal- China, through its Ambassador to Nigeria Dr. Zhou Pingjian, today swelled the Nigeria COVID-19 Response Fund with a donation of...
Weekly Markets Wrap: Domestic bourse pops 7.2% gain despite COVID-19 concern,...
SAT, APRIL 18 2020-theG&BJournal- Investors’ interest in bellwether stocks, DANGCEM (+16.2%), MTNN (+6.8%), NESTLE (+16.5%) among others, led the domestic bourse to post a...
Markets Wrap: Equities bounce to third straight gain of the week,...
THUR, APRIL 16 2020-theG&BJournal- The Nigerian equities market ended the today’s trading session on a positive note as demand for bellwether stocks – MTNN...
CBN plans N500 billion intervention fund for manufacturing firms post COVID-19
WED, APRIL 15 2020-theG&BJournal- The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has disclosed that the apex will consider an initial...
Interswitch assures customers of continuous dispute management activities during COVID-19 lock-down
WED, APRIL 08 2020-theG&BJournal- Interswitch, a leading integrated digital payments and commerce company, has assured her customers that all its business operations continue to...
Nigeria’s debt stock piles up to N27.40trn
TUE, APRIL 07 2020-theG&BJournal-Nigerian States and Federal Debt Stock data (total public debt portfolio ) as at 31st December 2019 stood at N27.40trn, N4...
Fitch downgrades Nigeria to ‘B’, outlook negative
MON, APRIL 06 2020-theG&BJournal- Fitch Ratings in its latest rating action has downgraded Nigeria’s Long-Term Foreign Currency Issuer Default Rating (IDR) ‘B’ from ‘B+...
Discos set to repay N35.06bn CBN loan this year
Electricity distribution companies are expected to repay this year ₦35.06bn of the loan disbursed under the Central Bank of Nigeria-Nigeria Electricity Market Stabilisation Facility...
Senate confirms Obiora as CBN Deputy Governor
The Senate has confirmed the nomination of Dr. Kingsley Isitua Obiora for appointment as the Deputy Governor of the Central Bank of Nigeria(CBN).
President Muhammadu...
