Tag: Central Bank of Nigeria
FX reserves rises to $35.81 billion but market still doubt CBN’s...
SAT, 19 SEPT 2020-theGBJournal-Nigeria’s FX reserves grew by USD39.52 million w/w to USD35.81 billion, despite the CBN’s intervention across the various foreign exchange windows....
Equities fall on profit taking, with All-Share Index closing 0.2% lower,...
WED SEPT 16, 2020-theGBJournal-Profit taking continued today in the domestic equities market, with WAPCO (-3.7%) and Tier I bank stocks weighing down the bourse....
Central Bank of Nigeria rolls out fresh financing package for solar...
MON SEPT 14, 2020-theGBJournal-The Central Bank of Nigeria (CBN), today announced a new intervention facility, the Solar Connection Intervention Facility, and framework for the...
Equities gain 0.1% to close 25,605.59 points, naira crashes 1.1% to...
MON SEPT 14, 2020-theGBJournal-Stocks started the week on a positive note after domestic equities market finished a volatile week lower.
During Monday’s trading, buying interest...
Analysis: CBN’S FX rationing, uncertainty pressure Foreign Portfolio Investment
SAT, SEPT 12, 2020-theGBJournal-Second-quarter data on foreign capital inflows to Nigeria reveals the depth of the decline caused by the COVID-19 pandemic and consequent...
Equities closes 0.05% lower to end a rough week, bonds...
SAT, SEPT 12, 2020-theGBJournal-Nigerian shares traded mixed this week as profit-taking in banking stocks for the better part of the week offset bargain buying...
Bond yield declines 12bps to 7.6% on buying interest while stocks...
THUR, SEPT 10, 2020-theG&BJournal-The equities market ended the day higher, as stocks snapped a three-day selloff on bargain buying in ZENITHBANK (+3.4%), GUARANTY (+1.9%)...
Credit to private sector by banks expand to N18.82trn in Q2...
THUR, SEPT 10, 2020-theG&BJournal-The Oil and Gas and Manufacturing sectors got credit allocation of N3.62trn and N3.07trn respectively to record the highest credit allocation...
Bond yields dip 7bps to 7.8% as equity rout persist amid...
WED, SEPT 09, 2020-theG&BJournal-Treasury bond secondary market remained bullish, as average yield contracted by 7bps to 7.8%. Across the curve, yield contracted at the...
Equities rally halted after six successive gains, bond bulls return-yield contracts...
MON, SEPT 7 2020-theG&BJournal-Nigerian stocks closed lower at the start of the week, halting six sessions of successive gains, as profit-taking ensued. GUARANTY (-2.5%)...
