Tag: Central Bank of Nigeria
CBN and economic challenges
...Central banks play a major role in managing the health of an economy through the evolution and implementation of appropriate monetary policies which aims...
Naira slides 1.8% to N1,501.61 against the US dollar despite inflows...
SAT FEB 08 2025-theGBJournal| The naira depreciated by 1.8% to N1,501.61/USD at the Nigerian Foreign Exchange Market (NFEM), despite inflows from FPIs and the...
CBN and Economy: Policy options and projections
...Going forward, CBN is targeting 15 per cent inflation in 2025 and has also projected a 4.17 percent growth in GDP, which is above...
Central Bank of Nigeria suspends extension of repatriation of export proceeds...
FRI JAN 10 2025-theGBJournal| The Central Bank of Nigeria (CBN) has said it will no longer approve requests for extension of repatriation of export...
Quick Take| Here is why Credit to the Private Sector and...
SAT JAN 04 2025-theGBJournal| Credit to the Private Sector (CPS) surged by 27.3% y/y to N75.96 trillion in November (Nov 2023: N59.69 trillion), according...
China Central Bank renews bilateral currency swap agreement with the CBN,...
AT DEC 28 2024-theGBJournal| The Chinese Central Bank (PBOC) on Friday, announced that it has renewed its bilateral currency swap agreement with the Central...
Naira advances 4bps w/w against the dollar as CBN initiates temporary...
...FX reserves recorded accretion this week, as the gross reserves level grew by USD226.47 million w/w to USD40.79 billion (19 December)
SAT DEC 21 2024-theGBJournal|...
The Central Bank of Nigeria and consistent increase in Monetary Policy...
...CBN's consistent increase in the MPR may also recreate the Volcker effect, though some analysts have noted that increase in MPR is more effective...
The Big Picture| A good FGN Eurobond issue?
News of Nigeria's finances gets better. The currency appreciated from N1,638.68/US$ to N1,552.50/US$1 last week, doubtless helped by the new Electronic Foreign Exchange Matching...
QUICK TAKE| Change in terms of Naira engagement, $2.2 billion Eurobond...
MON DEC 09 2024-theGBJournal| Nigeria's financial landscape has seen significant developments with the Central Bank of Nigeria (CBN) introducing revised guidelines to enhance transparency...
