Tag: CBN

...The Bank said its Nigerian Banking Subsidiary contributed 46% of 2024 dividend paid to shareholders (the balance coming from other non-bank subsidiaries). WED JUNE 18...

SAT MAY 24 2025-theGBJournal| The naira appreciated by 1.1% w/w to N1,585.00/USD, mostly supported by the Central Bank of Nigeria's (CBN) sale of c.USD190.40...

TUE MAY 20 2025-theGBJournal| The Federal Government has called on capital market operators in the country to deepen investor confidence, improve financial literacy, and...

MON APRIL 28 2025-theGBJournal| The Naira relinquished its marginal gains again Monday, falling 0.4% to N1,602 against the U.S dollar at the official FX...

SAT APRIL 26 2025-theGBJournal| Treasury bills average yield fell 48bps to 23.8%, underpinned by the strong system liquidity through most of the week and...

...Led by Governor Olayemi Cardoso, the CBN detailed its reform agenda for the past 18 months, from monetary tightening and FX market transparency to...

...the overnight (OVN) rate rose by 509bps w/w to 32.1%, as CBN’s debits for FX sales (c. N250.00 billion) outweighed inflows from FGN bond...

THUR APRIL 10 2025-theGBJournal| Equities market on Wednesday relapsed as profit-taking activities resurfaced, with ETI (-9.9%), GTCO (-1.7%) and UBA (-2.6%) weighing down the...

...Remittance inflows remained resilient, with personal remittances rising by 8.9% to $20.93 billion. ...International Money Transfer Operator (IMTO) inflows surged by 43.5% to $4.73 billion,...

SAT MARCH 29 2025-theGBJournal| The exchange rate gap between the official and parallel markets narrowed to N21.34 as the naira depreciated to N1,538.66/US$ in...