Tag: Central Bank of Nigeria
Markets Wrap| NGX ASI dumps 0.3% w/w on sell pressures; FGN...
...Market capitalization lost N184.73 billion w/w to close at N59.11 trillion.
...the Treasury bills secondary market traded with bearish sentiments this week as market players...
Naira falls 1.2% w/w for month-end as NAFEM turnover climbs 67.1%...
...for the first time in twelve weeks, the country’s FX reserves declined, as the gross reserve level decreased by USD34.92 million w/w to US$40.24...
Central Bank of Nigeria hikes key interest rate again against the...
TUE NOV 26 2024-theGBJournal| The Central Bank of Nigeria today raised its key interest rate as the markets expected, making it sixth consecutive hike...
Markets are pricing in a 50bps hike to 27.75% in interest...
SAT NOV 23 2024-theGBJournal| Analysts at Cordros Research and money market see the likelihood of the Central Bank of Nigeria's CBN) Monetary Policy Committee...
Quick Take| International payments to remain elevated, driven by the FG’s...
SAT NOV 09 2024-theGBJournal| According to the data released by the Central Bank of Nigeria (CBN), International payments facilitated by the apex bank increased...
Naira bounces 5bps w/w at NAFEM as CBN sells US$95 million...
SAT OCT 26 2024-theGBJournal| The naira rose by 5bps w/w to N1,600.00/US$1 by the close of trading on Friday at the Nigerian Autonomous Foreign...
CBN says no deadline on circulation of old series of Naira...
...The apex bank suggested strongly in a statement issued by its Acting Director, Corporate Communications, Mrs Sidi Ali- Hakama, that ''such claims are false...
House of Reps ask CBN to increase the issuance of new...
THUR OCT 24 2024-theGBJournal| The House of Representatives Thursday urged the Central Bank of Nigeria (CBN) to increase the supply of new N200, N500,...
Naira gains 2.5% w/w after CBN’s USD64.00 million intervention; FX reserves...
SAT OCT 19 2024-theGBJournal| The naira appreciated this week by 2.5% w/w to N1,600.78/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM) following the...
Treasury Bills yield spikes by 115bps to 24.3% as liquidity dearth...
...Across the market segments, the average yield advanced by 42bps to 23.1% in the NTB segment and increased by 192bps to 25.7% in the...
