Tag: Central Bank of Nigeria
Money market squeezed by funding pressures as overnight rate expands by...
SAT 06 FEB, 2021-theGBJournal- The overnight (OVN) rate expanded by 700bps w/w to 18.0% as system liquidity (weekly average c. NGN224.52 billion) was squeezed...
CBN to partner investors to build modern health facilities, sponsor research...
FRI 05 FEB, 2021-theGBJournal- Central Bank Governor, Mr Godwin Emefiele, said on Friday in Asaba, that the bank was partnering government at all levels...
Central Bank of Nigeria reiterates ban on crypto currency
By Azuka Christopher
FRI 05 FEB, 2021-theGBJournal- The Central Bank of Nigeria (CBN) has reiterated its ban on crypto currency transactions by regulated institutions.
Referencing its...
Nigeria’s ICRC banks N2.4 billion revenue from Public Private Partnerships in...
By Audrey Lotechukwu
FRI 05 FEB, 2021-theGBJournal- Nigeria’s Infrastructure Concession Regulatory Commission (ICRC) has within a few months of its operation, banked N2,400,689,340.00 with the...
MARKETS BRIEF: Treasury bonds average yield expands by 7bps to 7.4%...
…NSE benchmark index advanced by 0.8% to 41,930.73 points following investors’ interests in bellwethers
WED 27 JAN, 2021-theGBJournal- The overnight lending rate inched higher by...
Central Bank of Nigeria retains monetary policy rate at 11.5%, knocks...
By Charles Ike-Okoh
TUE 26 JAN, 2021-theGBJournal- The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held the monetary policy rate (MPR)...
FX WATCH: FX reserves grows by US$133.79 million w/w to US$36.48...
SAT 23 JAN, 2021-theGBJournal- Nigeria’s FX reserves sustained its ascent for the fifth consecutive week, as it grew to its highest level since 10th...
Nigeria’s ultra-low treasury bill yields will harm banks’ profitability-Moody’s
MON 18 JAN, 2021-theGBJournal- On 13 January, the Central Bank of Nigeria (CBN) sold treasury bills (TBs) at ultra-low yields, with a 0.5% coupon...
MARKETS BRIEF: Naira rebounds by 0.1% to N393.83/$ at I&E window,...
TUE 05 JAN, 2021-theGBJournal- The naira strengthened by 0.1% to NGN393.83/USD at the Investors’ and Exporters’ (I&E) window and remained flat at NGN470.00/USD in...
OUTLOOK 2021: AfCFTA, heightened security concerns a test for local food...
By CHARLES IKE-OKOH
TUE, 29 DEC, 2020-theGBJournal- The Combination of the commencement of African Continental Free Trade Area (AfCFTA), heightened security concerns around the country...
