Tag: Central Bank of Nigeria
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...
Nigeria: Banks’ asset risk will remain vulnerable -Moody’s
By Audrey Lotechukwu
MON, 23 NOV, 2020-theGBJournal- Risks around Nigerian banking asset has shaped up to be the dominant theme in the coronavirus pandemic era....
EARNINGS SEASON: Nigerian Bank’s Q3 2020 numbers so far have been...
By Charles Ike-Okoh
SAT, 21 NOV, 2020-theGBJournal- The Nigerian banking sector have witnessed mixed earnings results with some reporting stellar third-quarter results and while earnings...
Even as manufacturing sector recovery continues, employment level shrank for eighth...
By Charles Ike-Okoh
THUR, 19 NOV, 2020-theGBJournal- Despite the recovery seen in Nigeria’s manufacturing sector in recent months following the easing of COVID-19 lockdown, employment...
Accelerex Holdings Secures $20m Investment from Africa Capital Alliance
In addition, Accelerex also acquired a majority stake in SLS Microfinance Bank to serve the financial needs of its fast-growing agent banking business
THUR, 19...