Browsing: CBN

Parallel Market Rate Breaks Resistance as USD Exchange for ₦480 Naira depreciates further in the foreign exchange market Tuesday traded…

Interbank Debit: Banks Recovered ₦50.32m from Loans Defaulters in 9days

Interbank rates to moderate as ₦181bn worth of TBills matures. Analysts have projected that interbank rates will as huge amount from maturing Treasury Bills is set to hit the financial system this week.

Market Temperature Rises as CBN Floats OMO Auction Again The money market records retail foreign exchange auction pressure on funding…

CBN Attains Convergence around Multiple Foreign Exchange Rates

FCMB Reaffirms Plans to Grow Retail Business, Reduce Concentration

PMI: Sustain Contractions Foreshadow Economic Recession –Analysts. The sustained contraction of the Purchasing Managers’ Index (PMIs) for the third consecutive month in July 2020 forebodes an economic recession for the country, experts at Cowry Asset Limited have said.

Analysts Maintain Buy Rating on Sterling Bank, Set Price Target to ₦1.43

Nigeria’s 9% Foreign Currency Debt to GDP Remains Moderate -Fitch. Less Financing to Short-term financing Stress.External Reserve Projected to drop 40%. Low fiscal Revenue weakens Debt Sustainability

Ticking Debt Clock: How Much Can Nigeria’s Economy Absorb? Some Nigerians are worried about the rising debt profile amidst the…