Tag: Central Bank of Nigeria
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...
OUTLOOK 2021: Manufacturing sector was one of the year’s worst performers...
By Audrey Loechukwu
MON, 28 DEC, 2020-theGBJournal- Tough operating conditions inflicted the harshest pain on the manufacturing sector’s growth performance in 2020, and the result...
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....
