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33 banks now fully integrated and live on the eNaira platform-CBN...

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WED, 26 OCT, 2022-theGBJournal| According to the Governor of Central Bank of Nigeria (CBN) Godwin Emefiele, 33 banks are now fully integrated and live...

Bonds average yield expands by 40bps to 14.1% as investors sustain...

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SAT, 22 OCT, 2022-theGBJournal| The Treasury bonds secondary market ended this week on a bearish note as investors continued to reprice bonds upwards following...

FX Watch| Naira crashes across the FX windows, fx reserves depletes...

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SAT, 22 OCT, 2022-theGBJournal| This week, Nigeria’s FX reserves decreased by USD114.56 million w/w to USD37.68 billion (20 October). Across the FX windows, the...

National Economic Council to review CBN’s planned deductions from State governments’...

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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

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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...

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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...

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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...

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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...

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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...

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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...