Tag: CBN
Naira climbs 62bps against the dollar at NAFEM, FX reserves level...
SAT AUG 24 2024-theGBJournal| The naira achieved its highest single-day appreciation (+3.1%) on 21 August since 22 July, when it gained 6.4%, before closing...
Equities market struggles again as NGX All-Share dives 0.5% on profit...
...The total volume traded advanced by 20.3% to 599.25 million units, valued at N13.92 billion, and exchanged in 11,237 deals.
...GTCO was the most traded...
Quick Take| Increased maximum allowable advances from CBN to FG reflects...
...Comercio Partners notes that this amendment aims to provide the federal government with short-term funding to address budget deficits and finance critical projects
MON AUG...
Forex market sees limited intervention by CBN as Naira gains 0.1%...
SAT JUNE 08 2024-theGBJournal| The naira appreciated by 0.1% w/w to N1,483.99/US$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM), as the total turnover...
Treasury Bills yield closes week at 22.0% with N513.95 billion sold...
SAT JUNE 08 2024-theGBJournal|The Treasury Bills market traded on a mildly active note this week. The CBN issued the OMO auction announcement offering N250...
Treasury Bills closes week at 21.6% after eighth OMO auction of...
SAT JUNE 01 2024-theGBJournal|Proceedings in the Treasury bills secondary market closed Friday on a mixed note amid profit-taking activities specifically on the CBN’s OMO...
Treasury Bills yield expands 5bps to 21.9% as FGN Bonds yield...
THUR MAY 30 2024-theGBJournal|The Treasury bills secondary market traded on a bearish note, as the average yield expanded by 5bps to 21.9% on Thursday.
Across...
Nigeria’s FX reserves up US$195.01 million to US$32.64 billion as Naira...
SAT MAY 18 2024-theGBJournal|The value of the Naira to the dollar weakened by 212 bps week-on-week to print at N1,497.33/$ this week at the...
Quick Take| Central Bank of Nigeria’s good news for those who...
FRI MAY 10 2024-theGBJournal| Central Bank of Nigeria (CBN) have extended a policy that waives processing fees on cash deposits exceeding certain amounts. This...
CBN gives international oil companies green light to repatriate their export...
WED MAY 08 2024-theGBJournal| The Central Bank of Nigeria (CBN) has given international oil companies the green light to repatriate 50% of their proceeds...
