Tag: Central Bank of Nigeria
Central Bank of Nigeria delivers 100bps rate hike, as expected
TUE. 24 JANUARY, 2023-theGBJournal| keeping with expectation, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its first meeting of...
Quick Take| Naira weakness remain intact
FRI. 20 JANUARY, 2023-theGBJournal| Foreign investors remain on the sidelines given the lack of FX reforms, higher global interest rates and weak macroeconomic narrative....
Pre-MPC| CBN’s Monetary Policy Committee likely to deliver further rates hike
FRI. 20 JANUARY, 2023-theGBJournal| The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected by analysts, to push on with...
Bonds and treasury bills yield expand as investors anticipate MPC rate...
WED. 18 JANUARY, 2023-theGBJournal| Activities in the Treasury bills secondary market were bearish, as the average yield expanded by 2bps to 3.3%.
Across the...
Insight| Selling government forex at less than N500/$ is inexcusable
MON. 16 JANUARY, 2023-theGBJournal| The second major subsidy regime from which huge revenues can be unlocked in the short term is the foreign exchange...
Nigeria’s FX reserve maintains its rise, Naira I&E window turnover rose...
SAT. 14 JANUARY, 2023-theGBJournal| Nigeria’s FX reserve maintained its accretion for the fourth consecutive week, as the gross reserve position rose by USD42.32 million...
Treasury bills market sustained by higher demand as yield contracts 7bps...
SAT. 14 JANUARY, 2023-theGBJournal| The Nigerian Treasury bills secondary market remained bullish as the average yield across all instruments contracted by 7bps to 3.3%....
Economy| Understanding the policies of the CBN
By Arize Nwobu
FRI. 13 JANUARY, 2023-theGBJournal| The challenges of Nigeria’s economy are checkered, stubborn and complicated but not insurmountable.
Professor Doyin Salami had noted...
Nigerian Security Printing and Minting Plc boss dismisses concern about Nigeria’s...
SAT. 07 JANUARY, 2023-theGBJournal| Ahmed A. Halilu Managing Director/Chief Executive Officer, Nigerian Security Printing and Minting Plc (NSPM), in a statement Friday addressed the...
FX Watch|Nigeria’s gross reserve position rises by US$70.13 million w/w
SAT. 07 JANUARY, 2023-theGBJournal| This week, Nigeria’s FX reserve maintained its accretion, as the gross reserve position rose by US$70.13 million w/w to close...
