Tag: Central Bank of Nigeria
Our policy has made Nigeria a fertilizer powerhouse in Africa, says...
TUE 05 APRIL, 2022-theGBJournal| President Muhammadu Buhari on Tuesday in Abuja attributed Nigeria’s rising prominence as Africa’s fertiliser powerhouse to the implementation of the...
Q1 Economic Review| CPPE puts CBN’s foreign exchange policy under scrutiny
TUE 05 APRIL, 2022-theGBJournal| According to the Centre for the Promotion of Private Enterprise (CPPE), a private sector advocacy and economic think tank, the...
fx Watch| Nigeria’s FX reserve rises by $21.11 million w/w to...
SAT 02 APRIL, 2022-theGBJournal| Nigeria’s FX reserve recorded its first accretion in four weeks as it increased by USD21.11 million w/w to USD39.55 billion...
T-Bills| CBN sells N50bn worth of bills at OMO auction as...
SAT 02 APRIL, 2022-theGBJournal Proceedings in the Treasury bills secondary market closed the week on a bearish note following a dearth in demand and...
Markets Wrap| Overnight rate stays depressed, expands 450bps w/w to 10.7%,...
SAT 02 APRIL, 2022-theGBJournal| The overnight (OVN) rate expanded by 450bps, w/w, to 10.7%.
During the week, the OVN remained depressed as system liquidity...
Company in Focus| Access Holdings completes corporate restructuring, to consist of...
THUR 31 MARCH, 2022-theGBJournal| Access Bank (ACCESS) shares were delisted from the NGX Exchange on Monday, 28 March 2022, and the shares of the...
Analysis| Nigerian banks FY 2021 scorecard is a mixed bag
TUE 29 MARCH, 2022-theGBJournal| ‘’The scorecard for the listed banks that have reported their FY 21 results is mixed says analysts at Coronation Research...
Markets Wrap| Treasury bills traded quietly to settle at 3.2%, bonds...
MON 28 MARCH, 2022-theGBJournal| The overnight lending rate contracted by 117bps to 5.0% in the absence of any significant funding pressure on the system.
Activities...
Treasury bills yield ends week 7bps down to 3%, CBN to...
SAT 26 MARCH, 2022-theGBJournal| Although the Treasury bills secondary market started the trading week in a lull, it ended on a bullish note, as...
fx Watch| Nigeria’s FX reserves drops $145.51 million w/w to $39.52...
SAT 26 MARCH, 2022-theGBJournal| Nigeria’s FX reserves declined for the third consecutive week as it closed lower by USD145.51 million w/w to USD39.52 billion...