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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...

MARKETS BRIEF: Naira rebounds by 0.1% to N393.83/$ at I&E window,...

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TUE 05 JAN, 2021-theGBJournal- The naira strengthened by 0.1% to NGN393.83/USD at the Investors’ and Exporters’ (I&E) window and remained flat at NGN470.00/USD in...

OUTLOOK 2021: AfCFTA, heightened security concerns a test for local food...

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By CHARLES IKE-OKOH TUE, 29 DEC, 2020-theGBJournal- The Combination of the commencement of African Continental Free Trade Area (AfCFTA), heightened security concerns around the country...

OUTLOOK 2021: Manufacturing sector was one of the year’s worst performers...

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By Audrey Loechukwu MON, 28 DEC, 2020-theGBJournal- Tough operating conditions inflicted the harshest pain on the manufacturing sector’s growth performance in 2020, and the result...

FX WATCH: Nigeria’s FX reserves record first weekly accretion in eight...

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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...