Tag: forex
Markets Wrap| FGN Bonds, T-Bill in sustained sell presure as yield...
WED, JAN 24 2024-theGBJournal| The FGN bond secondary market closed on a bearish note on Wednesday, as the average yield expanded by 2bps to...
Finance Minister Edun confident Nigeria will secure the $1.5 billion World...
SAT, JAN 20 2024-theGBJournal|The Federal Government is in discussions with the World Bank for a $1.5 billion loan aimed at supporting the budget and...
Turnover at NAFEM falls 36.4% wtd to US$419.92 million as supply...
...Naira falls 1.3% NGN902.45/USD
...FX Reserves increases by USD82.42 million w/w
SAT, JAN 20 2024-theGBJournal|The naira depreciated by 1.3% to NGN902.45/USD at the Nigerian Autonomous Foreign...
FX Watch| Naira value falls 2.4% to N890.54/USD at NAFEM as...
SAT, JAN 13 2024-theGBJournal|The naira value fell by 2.4% to N890.54/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), with total turnover in the...
Analysis| Can we be optimistic about foreign exchange?
...As markets resume trading in 2024 the biggest issue is foreign exchange. Are things going to get better or worse? Sometimes, we believe, and...
Naira gains 3.0% to N869.39/$ at NAFEM, Fx reserves up US$129.82...
SAT, JAN 06 2024-theGBJournal|Nigeria's FX reserves started the year with an accretion as the gross reserve level increased by USD129.82 million w/w to USD33.04...
Quick Take: Ban on FX sales to BDCs and the effectiveness...
SAT 31 JULY, 2021-theGBJournal- At the July policy meeting, the Monetary Policy Committee unanimously voted to keep the MPR at 11.5% alongside other key...
CBN holds Monetary Policy Rate steady at 11.5% to support economic...
By Audrey Lotechukwu
TUE 27 JULY, 2021-theGBJournal-The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) rose from its fourth meeting of the year today...
Banks face CBN sanction for rejecting lower denomination U.S dollar bills
By Audrey Lotechukwu
WED 21 APRIL, 2021-theGBJournal- The Central Bank of Nigeria (CBN) has warned that it will not hesitate to sanction any deposit money...
Central Bank of Nigeria bars Forex authorised dealers from opening Forms...
TUE, AUG 25 2020-theG&BJournal- The Central Bank of Nigeria (CBN) has ordered Forex Authorized Dealers to desist from opening Forms whose payments are routed...
