Tag: Central Bank of Nigeria
CBN plans N1.641 trillion worth of Treasury Bills offer in Q2-2024
FRI, MAR 01 2024-theGBJournal|The Central Bank of Nigeria (CBN) on Friday revealed plans to offer N1.641 trillion worth of Treasury Bills in the second...
CBN| Confronting inflation and other challenges
...CBN Governor, Cardoso and his team has launched an aggressive fight against inflation just like Paul Volcker, a former US Fed Chairman (1979-1987) did.
...Will...
CPPE says CBN’s jumbo interest rate hike failed to reckon with...
...The response of the Centre for the Promotion of Private Enterprise (CPPE) to yesterday's 400bps increase in Monetary Policy Rate (MPR) to 22.5% by...
CBN’s Monetary Policy Committee delivers record interest rate hike
...All other parameters were raised except for liquidity rate which it retained at 30.0%.
...The asymmetric corridor is hiked +100bps/-700bps (Previously: +100bps/-300bps) while the CRR...
CBN approves sale of forex to Bureau De Change at N1,301/$
...The CBN says all BDCs are allowed to sell to end-users at a margin ''not more than one percent (1%) above the purchase rate...
CBN’s Monetary Policy Committee to meet on Monday, the first since...
...The last time the meeting held was in July 2023, under the then Acting CBN Governor, Folashodun Shonubi.
FRI, FEB 23 2024-theGBJournal| The Monetary Policy...
Nigerian Senate considers President Tinubu’s appointees to the Board of the...
TUE, FEB 13 2024-theGBJournal|The Nigerian Senate Tuesday began confirmation and approval process for the five individuals named into the Board of the Central Bank...
Credit to the private sector sees sustained growth
SAT, FEB 03 2024-theGBJournal| According to the Central Bank of Nigeria (CBN), credit to the private sector (CPS) increased by 49.8% y/y to N62.52...
Treasury Bills| Tight liquidity triggers sell-offs across the curve as yield...
...The overnight (OVN) rate expanded by 237bps w/w to 21.2% in the Money Market
SAT, FEB 03 2024-theGBJournal| Sentiments in the NTB secondary market remained...
Analysis| New CBN reporting requirements on bank’s fx exposures- the bottomline
...This regulatory initiative underscores the CBN's proactive approach to addressing mounting concerns related to excessive foreign currency speculation
...In the coming days, it is crucial...