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Treasury bills contracts by 13bps to 8.2% following demand for mid...

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SAT 12 JUNE, 2021-theGBJournal- Trading in the Treasury bills secondary market turned bullish this week following demand for the mid and long-dated OMO bills....

Analysis: Here is why FGN’s fiscal deficit is wider than preliminary...

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SAT 12 JUNE, 2021-theGBJournal- We received the Q4-20 budget implementation report from the budget office, and it showed that the FGN's fiscal deficit was...

FX WATCH: Foreign exchange reserves fall to lowest level since November...

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SAT 12 JUNE, 2021-theGBJournal- Nigeria’s foreign exchange reserves sustained its decline, dipping USD122.75 million w/w to USD34.05 billion (9th June 2021) – the lowest...

Markets Wrap: Equities ease back to negative territory, Naira settles flat...

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MON 07 JUNE, 2021-theGBJournal- The Nigerian equities market started the week’s trading negatively, as profit-taking witnessed in GUARANTY (-1.2%) caused a 0.1% decrease in...

Treasury bills: CBN set to roll over N89.05 billion worth of...

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SAT 05 JUNE, 2021-theGBJournal- It was another week of bearish trading in the Treasury bills secondary market, following the absence of renewed injections despite...

Market Comment: Why Dangote refinery may rebuff NNPC’s overture for a...

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SAT 05 JUNE, 2021-theGBJournal- The Nigerian National Petroleum Corporation (NNPC) recently announced its intention to obtain a 20.0% stake in the Dangote refinery. According to...

FX WATCH: Naira ends worst week at N502/US$ as concerns linger...

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SAT 05 JUNE, 2021-theGBJournal- Lingering concerns about Nigeria-in spite of a more stable tone for the economy-and further weakness in foreign exchange inflows has...

Money market: Depressed system liquidity subdues performance in the T-bills market,...

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SAT 29 MAY, 2021-theGBJournal- As in prior weeks, the depressed system liquidity underpinned another bearish performance in the Treasury bills secondary market as local...

Central Bank of Nigeria issues Regulatory Framework for non-bank acquiring in...

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By Chrystal NK Chukudebe FRI 28 MAY, 2021-theGBJournal- According to the Central Bank of Nigeria (CBN), the Framework sets out the procedures for the operation...

Central Bank Monetary Policy Committee votes unanimously to hold Monetary Policy...

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By Audrey Lotechukwu TUE 25 MAY, 2021-theGBJournal- The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) voted unanimously Tuesday to retain the Monetary Policy...