Tag: Central Bank of Nigeria
Contrasting trading day for treasury bills and bond secondary markets
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...
Tier 1 Banks fall short of CBN’s minimum ‘Loan to Deposit...
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...
Analysis| Nigeria’s surging money supply defies rising interest rates
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,...
CBN has a combined outstanding obligation of $7.5 billion to JP...
FRI, AUGUST 11 2023-theGBJournal |Data from the financial statements of the Central Bank of Nigeria (CBN) reveals an accumulated debt totalling $13.8 billion.
Further examination...
President Tinubu tells World Bank Chief Forensic Audit of CBN underway...
MON, AUGUST 07 2023-theGBJournal |President Bola Tinubu says a comprehensive forensic audit of the Central Bank is underway, while a thorough overhaul of the...
Central Bank of Nigeria raises interest rate by 25 basis points...
WED, JULY 26 2023-theGBJournal |Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) Tuesday hiked monetary policy rate by 25 basis points (bps) from...
Treasury Bills yield down by 2bps as investors prepare for MPC...
MON, JULY 24 2023-theGBJournal |Nigeria Treasury bills secondary market were bullish Monday, ahead of the Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC)...
Markets Wrap| Treasury Bills trade at 4.3% as market stayed bullish,...
SAT, JULY 22 2023-theGBJournal |In line with our expectations, the overnight (OVN) rate increased significantly by 19.4% w/w to 21.0%, as the combined impact...
Nigeria’s FX reserves falls by US$58.63 million w/w as currency pressures...
SAT, JULY 22 2023-theGBJournal |Nigeria’s FX reserves sustained its downtrend this week, falling by USD58.63 million w/w to USD33.98 billion (19 July).
Through the week,...
Analysis| Central Bank Monetary Policy Committee may retain MPR, but do...
WED, JULY 19 2023-theGBJournal |The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to hold its fourth meeting of...
