Tag: CBN

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Forex: CBN Intervenes With Further $210m

Forex: CBN Intervenes With Further $210m

The Central Bank of Nigeria (CBN), on Wednesday said it made available the sum of $210m, to meet customers’ requests in various segments of the foreig...
Amidst Investor Indifference To Robust Data, CBN Seeks Policy To Moderate capital outflows

Amidst Investor Indifference To Robust Data, CBN Seeks Policy To Moderate capital outflows

Market Update for May 22, 2018 The Nigerian stock market extended its string of losses into the fourth consecutive session on Tuesday, failing stil...
MPC Retains Rates, On Late Budget Passage, Election Spending, Inflation Concerns

MPC Retains Rates, On Late Budget Passage, Election Spending, Inflation Concerns

For the ninth consecutive time since July 2016, the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) on Tuesday rose from its second meet...
Bears Sustain Grip On Nigerian Equities Amidst Wait For Unusually Positive News

Bears Sustain Grip On Nigerian Equities Amidst Wait For Unusually Positive News

Market Update for May 21, 2018 Nigeria’s equity market on Monday had a mixed and weak session to remain in its volatile mood on three trading days ...
Retail SMIS Gets $293m Lift From CBN

Retail SMIS Gets $293m Lift From CBN

The Central Bank of Nigeria (CBN) on Friday, May 18, 2018 lifted the Retail Secondary Market Intervention Sales (SMIS) of the inter-bank Foreign Excha...
After Thursday’s Fake Market Move, Investors Seek Direction On NSE

After Thursday’s Fake Market Move, Investors Seek Direction On NSE

Market Update for May 17, 2018 The Nigerian equity market continued wavering amidst sustained volatility on Thursday indicating that the rebound in...
NNPC, Others, Under-Remitted $21bn, N526bn To Federation Account, Says KPMG Report

NNPC, Others, Under-Remitted $21bn, N526bn To Federation Account, Says KPMG Report

The National Economic Council (NEC), on Thursday indicted the Nigerian National Petroleum Corporation (NNPC) and other revenue collecting agencies for...
NPL Growth, Budget Delay, Electoral Spending, Inflation Worry MPC Members

NPL Growth, Budget Delay, Electoral Spending, Inflation Worry MPC Members

Members of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) want the fiscal and monetary authorities to fix hinderances to attainment...
Political Risks Cast Shadows On Nigeria’s Robust Economic Prospects, As Equity Index Stays Red

Political Risks Cast Shadows On Nigeria’s Robust Economic Prospects, As Equity Index Stays Red

The Nigerian Stock Exchange (NSE), continued trading below its 20-day moving average on a weekly time frame for the fourth consecutive week, with inve...
CBN, Chinese Counterpart Seal $2.5bn Currency Swap Deal

CBN, Chinese Counterpart Seal $2.5bn Currency Swap Deal

The Central Bank of Nigeria (CBN) on Thursday announced the execution of a bilateral currency swap agreement with the Peoples Bank of China (PBoC). ...
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