Tag: Central Bank of Nigeria
Markets Wrap: T-bills record subscription level of N446.01 billion, Treasury bond...
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...
FX Watch: Nigeria’s FX reserves dips by US$196.31 million w/w to...
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...
Banking Sector 2021 H-1 Outlook: Overall growth in risk assets would...
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...
2021 Mid-Year Outlook: Cordros forecasts Nigeria’s real GDP to grow 2.63%...
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...
IMF SDR allocation: Direct allocation of US$3.3bn would boost Nigeria’s reserves...
MON 28 JUNE, 2021-theGBJournal- Following the International Monetary Fund’s (IMF) efforts last year to boost its capacity for emergency funding and leading negotiations for...
Money market: Overnight rate expanded by 375bps w/w to 23.0% on...
SAT 26 JUNE, 2021-theGBJournal- The overnight rate expanded by 375bps w/w to 23.0% as debits for CRR, FGN bond (NGN325.80 billion) and FX auctions...
FX Watch: Local currency ends week in deficit as Nigeria’s foreign...
SAT 26 JUNE, 2021-theGBJournal- Nigeria’s FX reserves sustained its decline, dipping USD215.62 million w/w to USD33.55 billion (24th June 2021), the lowest in 13...
Supporting manufacturing for national empowerment
By Arize Nwobu
WED 23 JUNE, 2021-theGBJournal-Manufacturing is the very essence of the secondary sector of the economy. It entails the production of goods through...
Weekly FX Watch: Nigeria’s FX reserves down US$182.93 million w/w, naira...
SAT 19 JUNE, 2021-theGBJournal- Nigeria’s Foreign exchange reserves sustained its decline, dipping US$182.93 million w/w to USD33.82 billion as 16th June 2021, the lowest...
Tips to help you stay safe online when transferring funds to...
By Gbenga Okejimi
TUE 15 JUNE, 2021-theGBJournal- Nigeria remains the largest recipient of diaspora remittance in Sub-Saharan Africa - in 2019, it received nearly half...