Tag: Central Bank of Nigeria

By Gbenga Okejimi TUE 15 JUNE, 2021-theGBJournal- Nigeria remains the largest recipient of diaspora remittance in Sub-Saharan Africa - in 2019, it received nearly half...

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....

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...

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...

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...

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...

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...

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...

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...

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...