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Banks face CBN sanction for rejecting lower denomination U.S dollar bills

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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...

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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...

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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...

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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...

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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...

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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

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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

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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...

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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...

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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...