Tag: Central Bank of Nigeria
Banks face CBN sanction for rejecting lower denomination U.S dollar bills
By Audrey Lotechukwu
WED 21 APRIL, 2021-theGBJournal- The Central Bank of Nigeria (CBN) has warned that it will not hesitate to sanction any deposit money...
FX WATCH: FX reserves records another week of accretion, grows by...
SAT 17 APRIL, 2021-theGBJournal-Nigeria’s FX reserves recorded another accretion this week, as it grew by USD163.58 million w/w to USD35.20 billion (14th April 2021).
The...
QUICK TAKE: The false equivalence between printing of Naira by CBN...
By theGBJournal Editorial Board
FRI 16 APRIL, 2021-theGBJournal- It is tragic that the first response of the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele...
Liquidity dearth pressures T-Bills market as average yield expanded by 22bps...
SAT 10 APRIL, 2021-theGBJournal-As expected, the overall Treasury bills secondary market was bearish, following the liquidity dearth in the system. Thus, the average yield...
FX WATCH: Nigeria sees improvement in inflows as FX reserves grow...
SAT 10 APRIL, 2021-theGBJournal- Nigeria’s FX reserves grew by USD131.61 million w/w to USD34.98 billion (7th April 2021) as inflows outstripped outflows.
The naira appreciated...
World Bank Group President raps Nigeria on exchange rate unification and...
By Charles Ike-Okoh
FRI 09 APRIL, 2021-theGBJournal- The liberalization of Nigeria exchange rate regime and the need for further reforms to phase out energy subsidies...
LCCI, analysts react to MPC’s decision to hold monetary policy parameters
By Audrey Lotechukwu and Azuka Christopher
WED 24 MARCH, 2021-theGBJournal- The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) retained policy parameters during its...
Stimulating dollar and energetic inflows
By Arize Nwobu
WED 24 MARCH, 2021-theGBJournal- Creative and innovative policies help to drive economic growth and development. Crises spur critical thinking and creativity whereby...
Central Bank of Nigeria’s Monetary Policy Committee holds MPR at 11.5...
By Charles Ike-Okoh
TUE 23 MARCH, 2021-theGBJournal-The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) held all monetary policy parameters unchanged, an affirmation of...
A ‘’Hold’’ decision in view as CBN’s Monetary Policy Committee sits...
By Audrey Lotechukwu
MON 22 MARCH, 2021-theGBJournal-The consensus among analysts is that the Monetary Policy Committee (MPC) will keep the monetary policy parameters unchanged and...