Tag: Central Bank of Nigeria
New President of FinTechNGR Ade Bajomo explains how technology and innovation...
By Audrey Lotechukwu
THUR, 12 NOV, 2020-theGBJournal- The new President of FinTech Association of Nigeria (FintechNGR) predicts that an appreciable number of innovative solutions will...
New Hampshire Capital, FBNQuest Merchant Bank and Kairos Investments Africa announce...
THUR, 05 NOV, 2020-theGBJournal- New Hampshire Capital, FBNQuest Merchant Bank and Kairos Investments Africa have announced plans for a national meter asset finance and...
Creating a viable gold economy
By Ehi Braimah
THUR, 05 NOV, 2020-theGBJournal- On July 16 this year, President Muhammadu Buhari launched the Presidential Artisanal Gold Mining Development Initiative (PAGMI). On...
CBN’s Business Confidence Index reflects optimistic outlook for November
By Charles Ike-Okoh
THUR, 05 NOV, 2020-theGBJournal- ‘’Respondents are optimistic in their outlook for November with a Confidence Index of 37.9,’’ says the Central Bank...
Over 1 million applications received since N75 billion Youth Investment Fund...
MON, 02 NOV, 2020-theGBJournal-President Muhammadu Buhari said Sunday in a twitter statement that over a million applications have already been received since the N75...
Nigeria’s manufacturing activity broadly stabilized in October, new orders index expands...
By Audrey Lotechukwu
WED, 28 OCT, 2020-theGBJournal-The Manufacturing PMI in the month of October stood at 49.4 index points, reflecting substantial improvement in manufacturing activity...
Nigeria’s FX reserves rebound by $1.77 million as OMO maturities, FGN...
SAT, 24 OCT, 2020-theGBJournal-Nigeria’s FX reserves increased by USD1.77 million w/w to USD35.67 billion, as inflows offset outflows for CBN’s interventions across the various...
Bond yield contracts 76bps to 4.2% as Debt Management Office allots...
SAT, 24 OCT, 2020-theGBJournal-Activities in the Treasury bills secondary market remained strong, as the buoyant system liquidity and retail demand sustained active trading in...
Nigeria’s Current Account records eighth consecutive quarterly deficit
SAT, OCT 10 2020-theG&BJournal-Nigeria’s Current Account (CA) recorded its eighth consecutive quarterly deficit in Q2-20 at USD3.23 billion. The deficit was largely underpinned by...
Markets: FX reserves decline by $22.00 million w/w, bond average yield...
SAT, 03 OCT, 2020-theGBJournal-Nigeria’s FX reserves declined by USD22.00 million w/w to USD35.72 billion, as FX outflows outpaced inflows. Across the FX windows, the...