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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...

Nigeria: Pessimism overshadows consumers’ confidence outlook in Q4 2020

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MON, 21 DEC, 2020-theGBJournal- The consumers’ overall confidence outlook was pessimistic in Q4 2020 standing at -14.8 index, according to the Central Bank of...

MARKETS: Treasury bonds market opens week bearish, as average yield expanded...

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…All-Share Index notched a 1.7% increase to 37,443.40 points to open the week MON, 21 DEC, 2020-theGBJournal- Activities at the Treasury bonds secondary market were...

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

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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...

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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...

Treasury markets stay subdued as average bond yield expanded by 34bps...

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MON, 14 DEC, 2020-theGBJournal- The Treasury bonds secondary market was also bearish, as average yield expanded by 34bps to 5.0%. Across the curve, average...

FX WATCH: FX reserves dips again by $197.84 million w/w, Naira...

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SAT, 12 DEC, 2020-theGBJournal- Nigeria’s FX reserves sustained its descent, declining by USD197.84 million w/w to USD35.01 billion, as the outflows for the CBN’s...