Tag: Central Bank of Nigeria

WED, SEPT 20 2023-theGBJournal |Sentiments in the domestic bourse turned negative, as profit-taking activities witnessed in TRANSCOHOT (-10.0%) caused a 3bps decline in the...

FRI, SEPT 15 2023-theGBJournal |President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the...

FRI, SEPT 15 2023-theGBJournal |Nigeria's annual inflation rate rose sharply by 172bps to 25.80% in August, from 24.08% in July 2023, as the rise...

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...