Tag: Central Bank of Nigeria
National Economic Council to review CBN’s planned deductions from State governments’...
FRI, 21 OCT, 2022-theGBJournal| In a move to explore how to provide further financial succor for States regarding repayment of the Federal Government’s Budget...
Polaris Bank sold to two ‘investors’ with controlling shares
FRI, 21 OCT, 2022-theGBJournal| The Central Bank of Nigeria (CBN) has sold Polaris Bank to Abuja based Ponglomerape Limited and Lagos based Clotaire Investment...
CBN Governor Emefiele woos foreign investors in Washington DC, commended for...
MON, 17 OCT, 2022-theGBJournal| The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has invited foreign investors to consider Nigeria and other countries...
FX Watch| Naira ends week down to N743/$, FX reserves drops...
SAT, 15 OCT, 2022-theGBJournal| Nigeria’s FX reserve sustained its descent for the sixth consecutive week, falling to its lowest level since 5 October 2021....
Quick Take| Fiscal deficit could settle at N11 trillion in 2022E...
MON, 10 OCT, 2022-theGBJournal| According to the recently released Q2-22 Budget Implementation Report (BIR) by the Budget Office of the Federation, the FGN’s fiscal...
Analysis| CBN’s CRR hike would drag the banks’ profitability and limit...
WED, 28 SEPT, 2022-theGBJournal| The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) Tuesday voted to raise the Monetary Policy Rate...
CBN’s Monetary Policy Committee tows hawkish rendition from global central banks...
TUE, 27 SEPT, 2022-theGBJournal| The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) delivered a third consecutive interest rate hike in its aggressive...
Sterling Bank transitions to a HoldCo
TUE, 27 SEPT 2022-theGBJournal| Sterling Bank Plc, Monday said it has transitioned to a holding company under the name, Sterling Financial Holdings Company Limited,...
CBN: Managing the Forex crisis
By Arize Nwobu
TUE, 27 SEPT, 2022-theGBJournal| Crisis is a time when difficult or important decisions must be made. And that is what the Central...
Markets Watch| Investors trade N854.76 billion worth of shares at the...
MON, 26 SEPT, 2022-theGBJournal| Activities in the domestic equities market resumed the week on a positive note as the All-Share Index notched a 0.4%...