Tag: Central Bank of Nigeria
Treasury bills contracts by 13bps to 8.2% following demand for mid...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...