Tag: Central Bank of Nigeria
FX Watch: Nigeria’s FX reserves up by US$636.61 million w/w to...
SAT 30 OCT, 2021-theGBJournal- The accretion to Nigeria’s FX reserves continued this week following the inflows from IMF SDR and FCY borrowings. Precisely, the...
President Buhari activates Nigerian Central Bank Digital Currency eNaira, procedure for...
….President predicts digital currency will boost Nigeria’s GDP by N29 billion in 10 years
MON 25 OCT, 2021-theGBJournal- President Muhammadu Buhari formally unveiled the Nigerian...
Verdant Capital advises Baxi, a leading super-agent in Nigeria, on its...
…The sale of Baxi is Verdant Capital’s fifth successful fintech transaction of the year
MON 25 OCT, 2021-theGBJournal- MFS Africa is acquiring Baxi to...
T-Bills Market: Banks sell off instruments to fund bids at the...
SAT 23 OCT, 2021-theGBJournal- Trading in the Treasury bills secondary market turned bearish as most local banks sold off instruments to fund their bids...
Market Wrap: Sell-offs dominate bonds market, average yield at the OMO...
WED 20 OCT, 2021-theGBJournal- The overnight lending rate contracted by 50bps to 15.0% in the absence of any significant funding pressures on the system.
Trading...
Markets Watch: Treasury bills secondary market ends week bullish, overnight lending...
SAT 16 OCT, 2021-theGBJournal- The Treasury bills secondary market ended the week on a bullish note following (1) the improved system liquidity in the...
Nigeria’s reserve position closed higher by US$1.03 billion w/w to US$39.42...
SAT 16 OCT, 2021-theGBJournal- Nigeria’s FX reserves sustained its weekly accretion, as the gross reserve position closed higher by USD1.03 billion w/w to USD39.42...
Insights on economy and foreign exchange dynamics
By Arize Nwobu
THUR 14 OCT, 2021-theGBJournal- Exchange rate is the price of one currency in terms of another and it is the back bone...
Wigwe, Emefiele honoured with Juris Law Award for outstanding contributions in...
THUR 14 OCT, 2021-theGBJournal- The Chairman, Body of Bank CEOs and Group Managing Director of Access Bank PLC, Herbert Wigwe, has been recognised for...
Analysis: Eurobond issuance and ongoing domestic borrowings may reduce the FGN’s...
MON 11 OCT, 2021-theGBJournal- According to the H1-21 Budget Implementation Report (BIR) released by the Budget Office of the Federation, the FGN's actual retained...