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CBN holds Monetary Policy Rate steady at 11.5% to support economic...

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By Audrey Lotechukwu TUE 27 JULY, 2021-theGBJournal-The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) rose from its fourth meeting of the year today...

Analysis: Growing reliance of the Federal Government on CBN’s Ways and...

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TUE 27 JULY, 2021-theGBJournal-Analysts at Cordros Research in their latest note seen by theGBJournal highlighted the implications- of continued extension of Ways & Means...

FX Watch: Nigeria’s FX reserves records its highest weekly accretion in...

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SAT 24 JULY, 2021-theGBJournal- Nigeria’s FX reserves recorded its highest weekly accretion in twenty-five weeks, as the gross reserves position increased by USD53.48 million...

Fund managers and transaction advisers for Nigeria’s new InfraCo excites analysts

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SAT 17 JULY, 2021-theGBJournal- During a webinar organised by the Bureau of Public Enterprise (BPE) and the Nigerian Export Promotion Council (NEPC), the Central...

Markets Wrap: CBN offers N109.43 billion for sale with total subscription...

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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....

FCMB appoints Mrs Yemisi Edun new managing director and clears former...

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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...

Markets Watch: Overnight rate expands by 800bps w/w to 20.5% after...

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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:...

FX Brief: Nigeria’s reserves drops $113.15 million w/w to $33.12 billion,...

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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...

Fitch revises outlook on Union Bank of Nigeria to Stable; affirms...

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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...

CBN Governor Emefiele Pledges more development finance interventions for start-ups

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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...