Tag: Central Bank of Nigeria
Fx Watch| Nigeria’s FX reserve falls by $102.94 million to $40.38...
SAT 22 JAN, 2022-theGBJournal- Nigeria’s FX reserve declined by USD102.94 million to USD40.38 billion (19th January 2022) on the back of CBN’s continued support...
Treasury Bills| CBN to roll over N129.33bn worth of maturities, market...
SAT 22 JAN, 2022-theGBJournal- The Treasury bills secondary market traded on a bearish note, mirroring the higher stop rates at the recent NTB auction...
Nigerian Islamic banking long-term growth potential is positive- Fitch Ratings
…Government to continue driving growth in the country
…Nigerian Islamic-finance industry is estimated to have reached USD2.3 billion at end-2021
…Islamic banking, in Nigeria, is...
Canadian fintech Periculum, officially launches in Nigeria, set to build credit...
…Periculum helps its banking and lending customers identify fraud risk, assess creditworthiness, and analyze existing data
MON 17 JAN, 2022-theGBJournal- The availability of domestic...
T-Bills| CBN sells N20 billion worth of bills at this week’s...
SAT 15 JAN, 2022-theGBJournal- For the third consecutive week, mixed trading persisted in the Treasury bills secondary following the uncertainty in the direction of...
Markets Wrap| NGX edged higher after positive sectoral performance and interest...
WED 12 JAN, 2022-theGBJournal- Bullish sentiments returned to the Nigerian equities market, as investors’ interest in DANGCEM (+6.2%) drove the benchmark index higher.
The All-Share...
Quick Take| Nigeria’s Current Account surplus at $3.68 billion in Q3-21...
SUN 09 JAN, 2022-theGBJournal- According to the Central Bank of Nigeria (CBN), Nigeria's Current Account (CA) printed a surplus position for the second consecutive...
Markets Wrap| CBN set to roll over N77.61 billion worth of...
SAT 08 JAN, 2022-theGBJournal- The overnight (OVN) rate expanded by 425bps w/w to 14.8% this week, as funding pressures for Central Bank of Nigeria’s...
fx Watch| Nigeria’s FX reserve closed lower by $61.41 million w/w...
SAT 01 JAN, 2022-theGBJournal- Nigeria’s FX reserve sustained its decline as the Central Bank of Nigeria (CBN) maintained its interventions in the FX market....
Money Market| CBN offered N52.31 bn worth of T-Bills with subscription...
SAT 01 JAN, 2022-theGBJournal- The overnight (OVN) rate contracted by 200bps w/w to 10.5%, following inflows from OMO maturities (N60.00 billion) which offset funding...