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House of Reps moves against the CBN on ‘social media handles’...

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WED, JULY 12 2023-theGBJournal |Members of the Federal House of Representatives Wednesday urged the Central Bank of Nigeria (CBN) to halt the implementation of...

The financial system and economic parameters

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By Arize Nwobu MON, JULY 03 2023-theGBJournal |In a recent press report, President Bola Ahmed Tinubu said, among other things, that the financial system was...

Currency liberalisation, the markets and lessons from 2017

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TUE, JUNE 27 2023-theGBJournal |Since the beginning of 2015 investors have witnessed two major realignments of the official Naira/US dollar foreign exchange rate with...

FX Watch| Naira ends week 28.7% down to N663.04/US$ at the...

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SAT, JUNE 17 2023-theGBJournal |Nigeria’s FX reserves remained pressured this week, declining by US$194 million w/w to US$34.62 billion (15 June). Likewise, the naira depreciated...

Quick Take| Why the CBN must move to clear FX backlogs...

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SAT, JUNE 17 2023-theGBJournal |On 14 June, the Central Bank of Nigeria (CBN) announced the abolishment of its multiple FX windows, collapsing all the...

President Tinubu and issues on monetary policy

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By Arize Nwobu FRI, JUNE 16 2023-theGBJournal |In his inauguration speech, President Bola Ahmed Tinubu touched on the monetary policy and indicated his preference for...

Central Bank of Nigeria announces sweeping operational changes to the foreign...

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WED, JUNE 14 2023-theGBJournal |The Central bank of Nigeria (CBN) today announced sweeping operational changes to the foreign exchange market, in what is generally...

CPPE hails the unification of Naira exchange rate, expects a depreciation...

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WED, JUNE 14 2023-theGBJournal |The Centre for the Promotion of Private Enterprise say they welcome the bold step taken by the President Bola...

DSS responds to speculations, says ”Currently, Emefiele is not with the...

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SAT, JUNE 10 2023-theGBJournal |The Department of State Services (DSS) has denied reports the sacked Central Bank of Nigeria (CBN) Governor, Godwin Emefiele is...

FX Watch | Naira plunges by 1.7% against the dollar and...

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SAT, JUNE 10 2023-theGBJournal |Nigeria’s FX reserves declined further this week, as the gross reserves level declined by N137.97 million w/w to N34.88 billion...