Tag: Central Bank of Nigeria
Analysis| Windfall tax on banks?
...What financial impact will this windfall tax have on the banks, and on the government's finances? To answer these we have assessed the six...
Reflections on Central Bank’s remedial policies
...Cardoso admitted that the challenges were large and complex and could not be solved overnight
...CBN abolished development financing and intervention programmes for agriculture and...
Fx reserves eke weekly gain on receipt of first tranche of...
...The naira wobbled further by 2.1% w/w to NGN1,596.92/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM )
...Total turnover at the NAFEM as of...
Banks borrowing from the CBN’s Standing Lending Facility window surges by...
...the Debt Management Office (DMO) is scheduled to hold an NTB PMA next Wednesday (10 July) where it will roll over NGN166.11 billion worth...
Naira falls 0.3% w/w with inflows into NAFEM at six months...
...Based on the data obtained from FMDQ, total inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) declined to a six-month low in June
...The...
Central Bank of Nigeria sets new rules to enhance local currency...
...These measures are aimed at widening access to local currency liquidity for the timely settlement of Diaspora remittances
TUE JUNE 25 2024-theGBJournal| The Central Bank...
Demand pressure pushes Naira down by 0.2% to N1,485.53/US$ as Nigeria’s...
...In the forwards market, the naira rate decreased at the 1-month (-0.4% to N1,506.13/USD), 3-month (-0.1% to N1,550.10/USD), 6-month (-0.2% to N1,620.54/USD) and 1-year...
Treasury Bills yield rises 2bps to 21.9% with pressure on 34DTM,...
SAT JUNE 22 2024-theGBJournal| The T-bills secondary market closed on a bearish note Friday, with most pressure on the 34DTM (+129bps) paper and a...
Naira closes week with less volatility; up 0.1% w/w at NAFEM;...
...In the forwards market, the naira rate was flat at the 1-month (N1,500.00/USD) contract
...Total turnover (as of 13 June) at the market declined by...
CBN revokes Heritage Bank’s banking licence, appoints NDIC as the Liquidator
MON JUNE 03 2024-theGBJournal| The Central Bank of Nigeria (CBN), today revoked the licence of Heritage Bank Plc with immediate effect, citing the bank's...
