Tag: Central Bank of Nigeria
Banking Sector in 2022 | Outlook Supported by digital innovation, moderate...
THUR 30 DEC, 2021-theGBJournal- Although the investment case for the Nigerian banking sector has remained compelling over the years, this year posed more significant...
Fx Watch| Nigeria’s gross reserves closed lower by $69.31 million w/w,...
SAT 25 DEC, 2021-theGBJournal- Nigeria’s FX reserve sustained its decline as the Central Bank of Nigeria (CBN) maintained its interventions in the FX market....
Markets Wrap| overnight lending rate up 425bps to 14.3%, equities extend...
WED 22 DEC, 2021-theGBJournal- Trading in the local bourse was positive for most of the day, however, late sell-offs of MTNN (-1.3%) ensured the...
Engendering economic reformation
By Arize Nwobu
WED 22 DEC, 2021-theGBJournal- Economy is the lifeblood of a people. Citizens are happier and healthier mentally when the economy is buoyant,...
Markets Wrap| Overnight rate expands by 200bps w/w to 17.8% following...
SAT 11 DEC, 2021-theGBJournal- The overnight (OVN) rate expanded by 200bps w/w to 17.8%. The increase in the funding rate was due to outflows...
fx Watch| Nigeria’s FX reserve remains under pressure, Naira drops 1.2%...
SAT 11 DEC, 2021-theGBJournal- Nigeria’s FX reserve remained under pressure, declining by USD187.63 million to USD40.93 billion (8th December 2021) as the CBN continued...
Markets Wrap| Equities bounce 2bps after a days of losses, overnight...
TUE 07 DEC, 2021-theGBJournal- Trading in the local bourse edged a positive performance in today’s session, as the All-Share Index notched a 2bps gain...
Markets Wrap| CBN sold N37.00 billion worth of T-Bills at this...
SAT 04 DEC, 2021-theGBJournal- The overnight (OVN) rate expanded slightly by 8bps w/w to 15.8% this week, in light of the funding pressures for...
CBN and importance of development financing
By Arize Nwobu
TUE 30 NOV, 2021-theGBJournal- Development financing has been defined as ‘’the use of public sector resources to facilitate private sector investment in...
Outspan opens new milk collection centre, deepens impact in dairy value...
MON 29 NOV, 2021-theGBJournal- Outspan Nigeria Limited, a key player in the dairy sector and subsidiary of ofi, in partnership with the Kano Dairy...