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Fitch affirms Bank of Industry Limited ‘s long-term issuer default rating...

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…Fitch has affirmed Nigeria-based BOI's Long-Term Issuer Default Rating (IDR) at 'B' with a Stable Outlook. MON 07 FEB, 2022-theGBJournal- Fitch Ratings has assigned Bank...

Markets Wrap| CBN set to roll over N98.01 billion worth of...

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SAT 05 FEB, 2022-theGBJournal- Trading sentiments in the Treasury bills secondary market turned bearish, as market participants took profits off their positions on some...

fx Watch| Nigeria’s fx reserves closes lower w/w to US$39.98 billion,...

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SAT 05 FEB, 2022-theGBJournal- Nigeria's FX reserves sustained its descent as it closed lower by USD136.84 million w/w, to USD39.98 billion (3rd February 2022)....

Lagos Chamber of Commerce and Industry comment on the introduction of...

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WED 26 JAN, 2022-theGBJournal- The objectives for the introduction of E-Evaluator and E-Invoicing for import and export by the Central Bank of Nigeria (CBN)...

Monetary Policy Committee votes unanimously to maintain rate at 11.5% to...

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TUE 25 JAN, 2022-theGBJournal- Considering the implications of global central banks' normalisation of monetary policy and the need to attain domestic macroeconomic stability, the...

Central Bank of Nigeria launches the e-Valuator and e-Invoice for all...

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MON 24 JAN, 2022-theGBJournal- The Central Bank of Nigeria (CBN) weekend introduced a fresh documentation process to ease import and export transactions for businesses. Dubbed...

Bonds| Treasury yield dips 10bps to 11% following widespread buying activities...

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…Overnight rate expanded by 50bps w/w to 15.3% SAT 22 JAN, 2022-theGBJournal- Trading in the Treasury bonds secondary market was bullish, following the lower...

Fx Watch| Nigeria’s FX reserve falls by $102.94 million to $40.38...

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SAT 22 JAN, 2022-theGBJournal- Nigeria’s FX reserve declined by USD102.94 million to USD40.38 billion (19th January 2022) on the back of CBN’s continued support...

Canadian fintech Periculum, officially launches in Nigeria, set to build credit...

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  …Periculum helps its banking and lending customers identify fraud risk, assess creditworthiness, and analyze existing data MON 17 JAN, 2022-theGBJournal- The availability of domestic...

Quick Take| Nigeria’s Current Account surplus at $3.68 billion in Q3-21...

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SUN 09 JAN, 2022-theGBJournal- According to the Central Bank of Nigeria (CBN), Nigeria's Current Account (CA) printed a surplus position for the second consecutive...