Tag: Central Bank of Nigeria
Analysis| What to expect from the markets after latest Monetary Policy...
WED, 20 JULY, 2022-theGBJournal| The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) unanimously voted on Tuesday to increase the Monetary...
MPC hikes Monetary Policy Rate by 100bps to 14%
TUE, 19 JULY, 2022-theGBJournal| The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) voted to increase the Monetary Policy Rate (MPR)...
fx Watch| Nigeria’s FX reserves grows US$75.44 million w/w, naira trades...
SAT, 16 JULY, 2022-theGBJournal| Nigeria’s FX reserves sustained its accretion, as it grew by US$75.44 million w/w to US$39.43 billion (14 July 2022).
Across...
Market Wrap| T-Bills and Treasury bond trade bearish, naira gains 0.4%...
WED, 13 JULY, 2022-theGBJournal| The overnight lending rate was unchanged at 14.0% in the absence of any significant funding pressure on the system.
Activities in...
Fx Watch| Nigeria’s fx reserve grows by US$170.75 million w/w, naira...
SAT, 09 JULY, 2022-theGBJournal| This week, Nigeria’s FX reserve recorded another accretion, growing by US$170.75 million w/w to US$39.34 billion (07 July 2022). Across...
Markets Watch| Banking system liquidity closes week in a net short...
SAT, 09 JULY, 2022-theGBJournal| The overnight (OVN) rate was unchanged at 14.0%, as the funding conditions in the system deteriorated further, with system liquidity...
Markets Wrap| Gains in Accesscorp, Zenith Bank and GTCO stock propels...
THUR, 07 JULY, 2022-theGBJournal| The Nigerian equities market traded with bullish sentiments, as investors’ interest in ACCESSCORP (+2.1%) supported market performance. Precisely, the All-Share...
Market Wraps| T-bills yield expands by 42bps to 5.7% on bearish...
MON, 04 JULY, 2022-theGBJournal| Activities in the Treasury bond secondary market were bearish, as the average yield inched higher by 4bps to 11.1%. Across...
Markets Wrap| T-Bills yield expands 50bps to 5.4% on persistent illiquidity,...
SAT, 02 JULY, 2022-theGBJournal| The Treasury bills secondary market remained bearish this week due to the intertwined factors of persistent illiquidity in the system...
fx Watch| Nigeria’s FX reserve adds US$230.14 million w/w, Naira trades...
SAT, 02 JULY, 2022-theGBJournal| Nigeria’s FX reserve maintained its accretion for the fifth consecutive week, as the gross reserve position grew by USD230.14 million...