Tag: Central Bank of Nigeria
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...
Fitch revises Nigeria’s outlook to stable, affirms at ‘B’
FRI, 02 OCT, 2020-theGBJournal-Fitch Ratings has revised the Outlook on Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Stable from Negative and affirmed the...
FX reserves drops by $47.33 million, Naira gains in the forwards...
SAT, 26 SEPT, 2020-theGBJournal-Nigeria’s FX reserves recorded its first weekly decline in five weeks, falling by USD47.33 million w/w to USD35.77 billion. Across the...




