Tag: Central Bank of Nigeria

By Arize Nwobu MON 30 AUG, 2021-theGBJournal- The challenge of foreign exchange (forex) in the economy has been recurrent over the years and it is...

MON 30 AUG, 2021-theGBJournal-Setting the weak 2Q21 GDP numbers aside- which, according to EFG Hermes Head of Macro Economy, Mohamed Abu Basha- confirms Nigeria’s...

SAT 28 AUG, 2021-theGBJournal- Bearish sentiments returned to the Treasury bills secondary market sustained as market participants sold off positions to meet funding obligations...

SAT 21 AUG, 2021-theGBJournal- In what can be regarded as a desperate move to preserve the value of the naira, the Central Bank of...

SAT 07 AUG, 2021-theGBJournal- Nigeria’s FX reserves closed higher for the third consecutive week, as the gross reserves position increased by USD137.23 million w/w...

By Issa Aremu THUR 05 AUG, 2021-theGBJournal- The 11th second- term running Governor of the Central Bank of Nigeria (CBN) turns 60 Wednesday. As...

WED 04 AUG, 2021-theGBJournal- The Central Bank of Nigeria (CBN) on 27 June decided to discontinue supplying Bureau De Changes (BDCs) with FX and...

SUN 01 AUG, 2021-theGBJournal- Delta governor, Senator (Dr) Ifeanyi Okowa, on Saturday, announced that the multi-billion naira new civil service secretariat being built by...

SAT 31 JULY, 2021-theGBJournal- At the July policy meeting, the Monetary Policy Committee unanimously voted to keep the MPR at 11.5% alongside other key...

SAT 31 JULY, 2021-theGBJournal- The overnight rate contracted by 21.00ppts w/w to 7.8%, as inflows from FGN bond coupon payments (NGN53.28 billion) and OMO...