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MARKETS BRIEF: Treasury bonds average yield expands by 7bps to 7.4%...

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…NSE benchmark index advanced by 0.8% to 41,930.73 points following investors’ interests in bellwethers WED 27 JAN, 2021-theGBJournal- The overnight lending rate inched higher by...

Central Bank of Nigeria retains monetary policy rate at 11.5%, knocks...

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By Charles Ike-Okoh TUE 26 JAN, 2021-theGBJournal- The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held the monetary policy rate (MPR)...

Treasury bills secondary market ends week bearish on profit-taking, overnight rate...

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SAT 23 JAN, 2021-theGBJournal- The overnight (OVN) rate expanded by 950bps w/w, to 10.5%. The rate was depressed for most of the week, as...

MARKETS BRIEF: Treasury bonds average yield expands by 19bps to 6.8%...

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THUR 21 JAN, 2021-theGBJournal- The Treasury bonds secondary market was bearish in today’s session, as average yield expanded by 19bps to 6.8%. Across the...

MARKETS BRIEF: Naira gains 0.1% to N393.33/US$, treasury bonds declines 10bps...

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TUE 19 JAN, 2021-theGBJournal- The local currency, the Naira strengthened today by 0.1% to N393.33/US$ at the I&E window following Monday’s 0.2% gain. The...

Nigeria’s ultra-low treasury bill yields will harm banks’ profitability-Moody’s

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MON 18 JAN, 2021-theGBJournal- On 13 January, the Central Bank of Nigeria (CBN) sold treasury bills (TBs) at ultra-low yields, with a 0.5% coupon...

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

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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...

MARKETS BRIEF: Treasury bonds stays bearish as average yield expands by...

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…Equities sustain gains TUE 12 JAN, 2021-theGBJournal- The Treasury bonds secondary market continued to trade with bearish sentiments, as the average yield expanded by 20bps...

Treasury bonds expand by 32bps to 6.1% as bears dominate the...

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SAT 09 JAN, 2021-theGBJournal- The Treasury bonds secondary market opened the year with bearish trading, as the lack of clarity on the direction of...

FX WATCH: FX reserves grows by U$341.74 million w/w to U$35.72...

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SAT 09 JAN, 2021-theGBJournal-  Nigeria’s FX reserves maintained its ascent, as it grew by USD341.74 million w/w to USD35.72 billion (5th January 2021). Across the...