Tag: Central Bank of Nigeria
2025 Article IV Mission with Nigeria| What the IMF said about...
...The IMF Directors agreed that the Central Bank of Nigeria is appropriately maintaining a tight monetary policy stance, which should continue until disinflation becomes...
Cardoso and the art of Central Banking
...CBN policies seem to be creating the necessary positive impacts. World Bank reported that the economy grew at its fastest by 4.6 percent year...
Naira retreats against the dollar as CBN abstains from intervention amid...
...CBN injected $580 million into the market in May 2025 to defend the naira
...Gross FX reserves declined for the fourth consecutive week
SAT JUNE 14...
Composite Purchasing Manager’s Index moderates to 52.1 points in May
FRI JUNE 06 2025-theGBJournal| The Purchasing Manager’s Index (PMI) printed above the 50-point threshold for the sixth consecutive month, according to the Central Bank...
Credit to the Private Sector slows, broad money supply jumps by...
MON JUNE 02 2025-theGBJournal| Credit to the Private Sector (CPS) rose by 6.8% y/y to N77.91 trillion in April (April 2024: N72.92 trillion), according...
FGN Bonds yield slides 15bps as investors react to lower stop...
...The overnight (OVN) rate expanded by 3bps w/w to 27.0%, despite the relatively robust system liquidity
SAT MAY 31 2025-theGBJournal| The FGN bond secondary market...
Naira firms w/w on improved dollar liquidity and CBN interventions; FX...
SAT MAY 31 2025-theGBJournal| The naira closed flat w/w at N1,585.00/USD on Friday, as the Central Bank of Nigeria's (CBN) sale of approximately US$170...
Ensuring safety of the banking sector
...Under the present Governor, Yemi Cardoso, the apex Bank is implementing another round of bank recapitalisation which will further fortify the banking sector and...
Purchasing Manager’s Index moderates to 52.2 points in April
SAT MAY 24 2025-theGBJournal| Latest data published by the Central Bank of Nigeria (CBN), the Purchasing Manager’s Index (PMI) printed above the 50-point threshold...
CBN and the USD1 trillion economy
...Bank recapitalisation is one of the policy highlights of CBN which aims to drive the economy towards the attainment of the envisioned USD1trillion target...
