Tag: Central Bank of Nigeria
Insight| What happens when importers of these 43 items move to...
...Perhaps this is a signalling tool by the CBN to shift attention away from the parallel market
FRI, OCT 13 2023-theGBJournal| In a circular dated...
Central Bank of Nigeria drops ban on supply of US dollars...
THUR, OCT 12 2023-theGBJournal| The Central Bank of Nigeria (CBN) has lifted the ban on 43 items imposed under former CBN Governor, Godwin Emefiele.
''Importers...
Analysis| State of Nigeria’s financial markets six months after the election
...The investment outlook for Naira fixed income investments (T-bill, FGN bonds) remains unclear.
...Yields are well below the rate of inflation and investors are not...
CBN Governors and policy priorities
By Arize Nwobu
TUE, OCT 10 2023-theGBJournal| The Central Bank of Nigeria (CBN) was established by the CBN Act of 1958 and commenced operation in...
Quick Take| Paddy scarcity exposes the myth about the country’s rice...
FRI, OCT 06 2023-theGBJournal|Rice producers in Nigeria say the era of profit for the industry is over, and now, it is a fight for...
NTB and FGN bonds secondary markets bullish with yield settling at...
WED, OCT 04 2023-theGBJournal|Trading activities in the NTB secondary market and the FGN Bonds secondary market were bullish Wednesday, following buying interest.
The average yield...
Naira continues its losing streak, falls 1.5% to the US$ at...
WED, OCT 04 2023-theGBJournal|The naira depreciated by 1.5% to N756.21/USD at the Investors and Exporters (I&E) window Wednesday at the end of the day's...
FGN bond secondary market remains elevated and demand settles at N786.79...
SAT, SEPT 30 2023-theGBJournal |Activities in the T-bills secondary market turned bullish this week as market participants moved to the secondary market to compensate...
FX Watch| FX market narratives stays the same as Nigeria’s reserves...
SAT, SEPT 30 2023-theGBJournal |The narratives in the Nigerian FX market have remained the same in recent weeks, as FX reform momentum has slowed...
New CBN Governor Cardoso pledges to address foreign exchange unification issues
...says ''We will not wait for oversight before we interact with the lawmakers''
WED, SEPT 27 2023-theGBJournal |The new governor of CBN, Olayemi Cardoso, has...