Tag: Central Bank of Nigeria
Markets close bullish as shares of INTBREW and NB make huge...
...Proceedings in the FGN bond secondary market were quiet, albeit with a bullish tilt as the average yield declined by 1bp to 18.2%.
THUR MARCH...
Central Bank of Nigeria grants Carbon and PalmPay authorization to issue...
WED MARCH 12 2025-theGBJournal| Leading fintech companies Carbon and PalmPay have commenced the issuance of Verve cards to their customers, following the Central Bank...
Perspective on inflation
...Inflation in Nigeria rose consistently from 15.60 per cent in January 2022 to 19.64 percent in July 2022, and to 20.52 percent in August.
By...
Naira weakens amid FX liquidity challenges; total FX inflows down 12.9%...
TUE MARCH 11 2025-theGBJournal| The official FX rate fell on Monday by 0.8% to N1,529.44/USD, reflecting the sustained FX pressures carried over from last...
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...
