Tag: Central Bank of Nigeria
Naira gains +2.7% w/w after CBN’s retail Dutch Auction as FX...
SAT AUG 10 2024-theGBJournal|The Retail Dutch Auction by the apex bank on Tuesday helped ease pressure on the Naira by close of Friday's trading,...
Banks| Will the rights issues succeed?
...The equity market is being asked to raise in the region of N3.0 trillion (once upcoming deals are announced) in capital increases for the...
SERAP sues CBN for failure to explain whereabouts of over N100...
...According to SERAP, “These grave violations also reflect a failure of CBN accountability more generally and are directly linked to the institution’s persistent failure...
Central Bank of Nigeria raises interest rate by 50bps to 26.75%
...The Committee members also voted to adjust the asymmetric corridor to +500bps/-100bps (Previously: +100bps/-300bps),
...retain CRR for Deposit Money Banks at 45.0%, and Merchant Banks...
Analysis| Windfall tax on banks?
...What financial impact will this windfall tax have on the banks, and on the government's finances? To answer these we have assessed the six...
Reflections on Central Bank’s remedial policies
...Cardoso admitted that the challenges were large and complex and could not be solved overnight
...CBN abolished development financing and intervention programmes for agriculture and...
Fx reserves eke weekly gain on receipt of first tranche of...
...The naira wobbled further by 2.1% w/w to NGN1,596.92/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM )
...Total turnover at the NAFEM as of...
Banks borrowing from the CBN’s Standing Lending Facility window surges by...
...the Debt Management Office (DMO) is scheduled to hold an NTB PMA next Wednesday (10 July) where it will roll over NGN166.11 billion worth...
Naira falls 0.3% w/w with inflows into NAFEM at six months...
...Based on the data obtained from FMDQ, total inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) declined to a six-month low in June
...The...
Central Bank of Nigeria sets new rules to enhance local currency...
...These measures are aimed at widening access to local currency liquidity for the timely settlement of Diaspora remittances
TUE JUNE 25 2024-theGBJournal| The Central Bank...
