Tag: Central Bank of Nigeria
Nigeria: Pessimism overshadows consumers’ confidence outlook in Q4 2020
MON, 21 DEC, 2020-theGBJournal- The consumers’ overall confidence outlook was pessimistic in Q4 2020 standing at -14.8 index, according to the Central Bank of...
CBN tightens regulation as Money Transfer Operators default on Diaspora remittances...
By Audrey Lotechukwu
THUR, 17 DEC, 2020-theGBJournal- The Central Bank of Nigeria (CBN) Wednesday issued additional operational guidelines on receipt of Diaspora remittances as it...
MARKETS: Treasury bonds contracted slightly by 12bps to 5.0%, naira weakens...
WED, 16 DEC, 2020-theGBJournal- The overnight lending rate contracted by 2bps to 0.9%, in the absence of any significant outflows from the system.
The NTB...
CBN approves new license categorizations for payments system
By Audrey Lotechukwu
THUR, 10 DEC, 2020-theGBJournal- The Central Bank of Nigeria (CBN) today announced the approval of new license categorisation for the payments system....
Naira devaluation as false economics
By ISSA Aremu
THUR, 10 DEC, 2020-theGBJournal- After decades long of word counts and verbal exchanges on Naira devaluation and “oil subsidy removal,” yours...
Labour drums support for CBN over naira value
By Audrey Lotechukwu
MON, 07 DEC, 2020-theGBJournal- Organized labour has commended the recent measures of Central Bank of Nigeria (CBN) aimed at shoring up the...
Central Bank of Nigeria introduces Special Bills
WED, 02 DEC, 2020-theGBJournal- The Central Bank of Nigeria (CBN) today announced the introduction of Special Bills which it says is part of efforts...
COMMENT: Realities and battle against recession By Arize Nwobu
By Arize Nwobu
THUR, 26 NOV, 2020-theGBJournal-According to the National Bureau of Statistics (NBS), the economy had slipped into another recession, the GDP having contracted...
MARKETS: Treasury bonds yield contracts 7bps to 3.9% on profit taking,...
WED, 25 NOV, 2020-theGBJournal- The Treasury bonds secondary market remained bullish, as the average yield contracted by 7bps to 3.9%.
Across the curve, average...
Central Bank of Nigeria holds Monetary Policy Rates at 11.5%
By Audrey Lotechukwu
TUE, 24 NOV, 2020-theGBJournal-The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) today unanimously voted to retain the MPR at 11.5...