Tag: Central Bank of Nigeria
FX Watch| Naira trades at N708/$, I&E window total turnover...
SAT, 10 SEPT, 2022-theGBJournal| Nigeria’s FX reserves dipped after three consecutive weeks of accretion, falling by US$81.74 million w/w to US$38.92 billion (as of...
Markets watch| T-Bills ends week bullish at 8.5% on improved system...
SAT, 03 SEPT, 2022-theGBJournal| Trading in the Treasury bills secondary market sustained last week’s sentiments, remaining bullish on account of the improved system liquidity....
PalmPay hits 10 million user milestone in Nigeria
WED, 31 AUG, 2022-theGBJournal| PalmPay, a fintech innovator aiming to make digital payment more accessible and flexible, announced that it has reached 10 million...
CBN gives Fidelity Bank free rein in its proposed acquisition of...
WED, 31 AUG, 2022-theGBJournal| Fidelity Bank Plc has confirmed that the Central Bank of Nigeria has issued a letter of ‘’No Objection’’ to its...
Quick Take| Latest domestic, Foreign Portfolio report reflects troika impact of...
MON, 29 AUG, 2022-theGBJournal| According to the Domestic and Foreign Portfolio Report of the Nigerian Exchange (NGX), total transactions in the domestic equities market...
Analysis| CBN’s rates hike- banks are impacted, but it is also...
MON, 22 AUG, 2022-theGBJournal| The Central Bank of Nigeria, in a circular last week, mandated Nigerian Banks to raise lending rates on all intervention...
Economy: Dynamics and battles of the Central Bank of Nigeria
By Arize Nwobu
MON, 22 AUG, 2022-theGBJournal| The economy is the ‘oxygen’ of a people, and is basically about the allocation of scarce resources for...
Fx Watch| Nigeria’s fx reserves gains $22.35 after four weeks of...
SAT, 20 AUG, 2022-theGBJournal| Nigeria’s FX reserves increased after four weeks of decline, rising by USD22.35 million w/w to USD38.91 billion (17 August).
Across...
Markets Wrap| T-Bills yield pares by 1bp to 7.9% bonds trade...
MON, 15 AUG, 2022-theGBJournal| The NTB secondary market traded with mixed sentiments, albeit with a bullish tilt, as the average yield pared by 1bp...
Markets Wrap| T-bills expands 12bps to 8.7% on thin liquidity, yields...
SAT, 13 AUG, 2022-theGBJournal| Activities in the Treasury bills secondary market were bearish, as the average yield across all instruments expanded by 12bps to...