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CBN’s Monetary Policy Committee to meet on Monday, the first since...

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...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...

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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

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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...

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...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

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...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...

CBN pays another $500 million to clear verified forex backlog

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...Finance Minister, Wale Edun, estimates the total foreign exchange backlog at $5 billion, and identified clearing this backlog as a priority for the CBN. MON,...

Quick Take| The positive impact of CBN’s enforcement and credit to...

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SAT, JAN 20 2024-theGBJournal|According to the Central Bank of Nigeria (CBN), credit to the private sector (CPS) declined by 6.0% m/m in November (October...

Central Bank of Nigeria clears entire liability of 14 banks, begins...

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...Tackles FX Transactions abuses in clearing Liabilities Backlog ...To continue settlement of verified FX backlog THUR, JAN 18 2024-theGBJournal|The Central Bank of Nigeria (CBN) said that...

FX Watch| Naira value falls 2.4% to N890.54/USD at NAFEM as...

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SAT, JAN 13 2024-theGBJournal|The naira value fell by 2.4% to N890.54/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), with total turnover in the...

CBN appoints new executives for Union Bank, Keystone Bank and Polaris...

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THUR, JAN 11 2024-theGBJournal|The Central Bank of Nigeria (CBN) has appointed new executives to oversea the affairs of Union Bank, Keystone Bank and Polaris...