Tag: Central Bank of Nigeria
Central Bank of Nigeria sets new rules to enhance local currency...
...These measures are aimed at widening access to local currency liquidity for the timely settlement of Diaspora remittances
TUE JUNE 25 2024-theGBJournal| The Central Bank...
Demand pressure pushes Naira down by 0.2% to N1,485.53/US$ as Nigeria’s...
...In the forwards market, the naira rate decreased at the 1-month (-0.4% to N1,506.13/USD), 3-month (-0.1% to N1,550.10/USD), 6-month (-0.2% to N1,620.54/USD) and 1-year...
Treasury Bills yield rises 2bps to 21.9% with pressure on 34DTM,...
SAT JUNE 22 2024-theGBJournal| The T-bills secondary market closed on a bearish note Friday, with most pressure on the 34DTM (+129bps) paper and a...
Naira closes week with less volatility; up 0.1% w/w at NAFEM;...
...In the forwards market, the naira rate was flat at the 1-month (N1,500.00/USD) contract
...Total turnover (as of 13 June) at the market declined by...
CBN revokes Heritage Bank’s banking licence, appoints NDIC as the Liquidator
MON JUNE 03 2024-theGBJournal| The Central Bank of Nigeria (CBN), today revoked the licence of Heritage Bank Plc with immediate effect, citing the bank's...
Cardoso and policy evolution
By Arize Nwobu
SAT JUNE 01 2024-theGBJournal|Governor, Central Bank of Nigeria (CBN), Olayemi Cardoso has been decisive in his policy options and tried to roll...
Chartered Institute of Stockbrokers, ASHON express concerns over proposed Central Bank...
TUE MAY 28 2024-theGBJournal| Stakeholders in the capital market have voiced reservations over the proposed amendments to the Central Bank of Nigeria (CBN) Act...
Increased T-Bills supply pushes yield across all segments down 18bps to...
SAT MAY 25 2024-theGBJournal| Treasury bills secondary market traded on a bullish note as unmet demand from the mid-week auction filtered into the secondary...
Central Bank of Nigeria hikes interest rate 150 basis point to...
TUE MAY 21 2024-theGBJournal| The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) on Tuesday raised benchmark interest rate by 150 basis point...
Quick Take| Expect 100bps hike in interest rate as Central Bank...
MON MAY 20 2024-theGBJournal|Analysts are projecting a 100 basis points increase in the MPR with other parameters expected remain constant, as the Monetary Policy...
