Tag: Central Bank of Nigeria

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....

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...

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...

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....

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...

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,...

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...

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...

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...

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...