Tag: Central Bank of Nigeria
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....
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...
