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Sunday, January 17, 2021

FX WATCH: Nigeria’s FX reserves rises by $363.61 million w/w to $35.72 billion, the...

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SAT 16 JAN, 2021-theGBJournal- Nigeria’s FX reserves maintained its accretion for the fourth consecutive week, as the gross reserve position grew by USD363.61 million...

QUICK TAKE: FGN Promissory Note issuance fuelling public debt stock growth

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MON 11 JAN, 2021-theGBJournal-Faced with the ravaging impact of COVID-19 on oil and non-oil revenue, the government has continued to grapple with a rising...

OUTLOOK 2021: Nigeria’s debt stock and debt-servicing to revenue ratio to remain elevated-LCCI

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Debt stock as of end-Q2 2020 is equivalent to 21% of GDP MON, 28 DEC, 2020-theGBJournal- The Lagos Chamber of Commerce and Industry (LCCI) expects...

FX WATCH: Nigeria’s FX reserves record first weekly accretion in eight weeks, rises $67.89...

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THUR, 24 DEC, 2020-theGBJournal- Nigeria’s FX reserves recorded its first weekly accretion in eight weeks, as the gross reserves position increased by USD67.89 million...

Governor Fayemi signs Ekiti State 2021 appropriation bill of N109.666 billion into Law

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By Audrey Lotechukwu WED, 23 DEC, 2020-theGBJournal- The Governor of Ekiti State, Dr Kayode Fayemi today signed the State’s 2021 appropriation bill of N109, 666,...

Nigeria’s lawmakers add N505 billion to N13.082 trillion 2021 budget before passage

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By Audrey Lotechukwu MON, 21 DEC, 2020-theGBJournal- Nigeria’s lawmakers today passed the 2021 Appropriation Bill after a third reading with extra N505 billion added to...

BONDS: Average yield expands by 61bps to 5.4% as investors react to higher marginal...

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SAT, 19 DEC, 2020-theGBJournal- The Treasury bonds secondary market remained bearish, as investors reacted to the November inflation figure (14.89%) and the higher marginal...

FX WATCH: Reserves down by $132.06 million w/w amid weak portfolio inflows, naira forecast...

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SAT, 19 DEC, 2020-theGBJournal- Nigeria’s FX reserves decreased by $132.06 million w/w to $34.84 billion, as outflows for CBN’s interventions across the various FX...

Bitcoin market capitalization tops $400 billion, more than any global bank

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FRI, 18 DEC, 2020-theGBJournal- Bitcoin’s market capitalization has hit record levels in 2020 alongside a surge in the asset’s price. With the market cap,...

CBN tightens regulation as Money Transfer Operators default on Diaspora remittances operational guidelines

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By Audrey Lotechukwu THUR, 17 DEC, 2020-theGBJournal- The Central Bank of Nigeria (CBN) Wednesday issued additional operational guidelines on receipt of Diaspora remittances as it...
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