Tag: Central Bank of Nigeria

SAT, SEPT 09 2023-theGBJournal |The Naira went wobbly during the course of the week's trading session, but turned around to show signs of life...

SAT, SEPT 02 2023-theGBJournal |Nigeria’s FX reserves recorded its first accretion after sixteen consecutive weeks of decline, as the gross FX reserves increased by...

SAT, AUG 26 2023-theGBJournal | The value of the Naira to the dollar weakened by 526 bps to print at N778.42/$ this week at...

By Arize Nwobu THUR, AUGUST 24 2023-theGBJournal |The importance of exchange rate as a major macro-economic variable cannot be overemphasized. Exchange rate is the price...

MON, AUGUST 21 2023-theGBJournal |Institutional reorganization is urgently needed in the Central BANK of Nigeria (CBN) and the NNPC Limited to improve transparency and...

MON, AUGUST 21 2023-theGBJournal |The Central Bank of Nigeria (CBN) weekend unveiled a new of operational mechanism for the Bureau De Change (BDC) operation...

TUES, AUGUST 15 2023-theGBJournal |Using the gross FX reserve (USD 33.88 billion) as of 10 August and holding the pre-determined contactual foreign currency obligations...

MON, AUGUST 14 2023-theGBJournal |Treasury bills secondary market traded bullish Monday, as the average yield contracted by 3bps to 7.3%. Across the curve, the average...

MON, AUGUST 14 2023-theGBJournal |Deposit money bank's (DMB) compliance to the Central Bank of Nigeria's (CBN) 65.0% minimum Loan to Deposit Ratio (LDR) directive...

SUN, AUGUST 13 2023-theGBJournal |Despite the Central Bank of Nigeria's (CBN) efforts to combat inflation and tighten liquidity by raising the benchmark interest rate,...