Tag: CBN
Fx Watch| FX reserve drops $1.78 million w/w to $40.52 billion,...
SAT 08 JAN, 2022-theGBJournal- Nigeria’s FX reserve sustained its descent, as it declined by USD1.78 million w/w to USD40.52 billion (5th January 2022).
Meanwhile,...
Markets Wrap| CBN set to roll over N77.61 billion worth of...
SAT 08 JAN, 2022-theGBJournal- The overnight (OVN) rate expanded by 425bps w/w to 14.8% this week, as funding pressures for Central Bank of Nigeria’s...
fx Watch| Nigeria’s FX reserve closed lower by $61.41 million w/w...
SAT 01 JAN, 2022-theGBJournal- Nigeria’s FX reserve sustained its decline as the Central Bank of Nigeria (CBN) maintained its interventions in the FX market....
Money Market| CBN offered N52.31 bn worth of T-Bills with subscription...
SAT 01 JAN, 2022-theGBJournal- The overnight (OVN) rate contracted by 200bps w/w to 10.5%, following inflows from OMO maturities (N60.00 billion) which offset funding...
Banking Sector in 2022 | Outlook Supported by digital innovation, moderate...
THUR 30 DEC, 2021-theGBJournal- Although the investment case for the Nigerian banking sector has remained compelling over the years, this year posed more significant...
Engendering economic reformation
By Arize Nwobu
WED 22 DEC, 2021-theGBJournal- Economy is the lifeblood of a people. Citizens are happier and healthier mentally when the economy is buoyant,...
Fx Watch| Nigeria’s FX reserve remains under pressure, declines by $181.19...
SUN 19 DEC, 2021-theGBJournal- Nigeria’s FX reserve remained under pressure, declining by USD181.19 million to USD40.71 billion (15th December 2021) as the CBN continued...
CBN launches Tertiary Institutions Entrepreneurship Scheme to tackle youth unemployment, inaugurates...
SAT 27 NOV, 2021-theGBJournal- The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has formally launched the Tertiary Institutions Entrepreneurship Scheme (TIES), with...
For The Records| Revised regulatory framework for BVN operations-what is required...
WED 24 NOV, 2021-theGBJournal- The Central Bank of Nigeria (CBN) released a revised regulatory framework for Bank Verification Number (BVN) operations via a circular...
Updated|Central Bank of Nigeria holds interest rate at 11.5%
TUE 23 NOV, 2021-theGBJournal- The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) Tuesday voted to retain the Monetary Policy Rate (MPR) at...