Tag: Central Bank of Nigeria

WED 14 JULY, 2021-theGBJournal- The naira appreciated by 0.1% to NGN411.22/USD at the I&E window but stayed flat at NGN505.00/USD in the parallel market....

By Audrey Lotechukwu TUE 13 JULY, 2021-theGBJournal- FCMB Board of Directors today announced the appointment of Mrs Yemisi Edun, a Fellow of the Chartered Institute...

SAT 10 JULY, 2021-theGBJournal- The overnight rate expanded by 800bps w/w to 20.5% as debits for CRR and CBN’s weekly auctions (FX and OMO:...

SAT 10 JULY, 2021-theGBJournal- Nigeria’s Foreign Exchange reserves sustained its decline, dipping USD113.15 million w/w to USD33.12 billion (6th July 2021). Meanwhile, the naira depreciated...

THUR 08 JULY, 2021-theGBJournal- Fitch Ratings has revised the Outlook on Union Bank of Nigeria PLC (Union) to Stable from Negative, and affirmed the...

TUE 06 JULY, 2021-theGBJournal- The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has pledged the Bank’s readiness to increase its development finance...

SAT 03 JULY, 2021-theGBJournal- The overnight (OVN) rate declined by 10.50ppts w/w to 12.5%. The contraction was due to improved system liquidity as inflows...

SAT 03 JULY, 2021-theGBJournal- Nigeria’s FX reserves sustained its decline, dipping USD196.31 million w/w to USD33.32 billion  as at 30th June 2021. Meanwhile, the naira...

THUR 01 JULY, 2021-theGBJournal- In the Banking sector, key players’ have demonstrated a commendable level of resilience despite the peculiar circumstances of the relatively...

By Audrey Lotechukwu TUE 29 JUNE, 2021-theGBJournal- Cordros Research analysts said they expect Nigeria's economy to remain on the path of growth over the rest...