Tag: forex
Naira rises 12.0% to N1,431.49/US$ as Gross FX reserves falls by...
SAT, MAR 23 2024-theGBJournal|The local currency, the naira appreciated by 12.0% to N1,431.49/US$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM), as the apex...
Naira slides 4.9% to N1,627.40/US$ at NAFEM amid frail market supply
SAT, MAR 09 2024-theGBJournal|The naira depreciated by 4.9% to N1,627.40/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM) following sustained frail market supply.
NAFEM's total...
Bank of Ghana suspends Forex trading licences of Guaranty Trust Bank...
TUE, MAR 05 2024-theGBJournal|Ghana's apex banking authority, the Bank of Ghana announced on Monday the suspension of Guaranty Trust Bank (GTB) and FBNBank Ghana...
CBN Governor Cardoso, anticipates favorable outcomes in the short to medium...
TUE, FEB 27 2024-theGBJournal| The Central Bank of Nigeria (CBN) says he is anticipating favorable outcomes in the short to medium term given the...
NAFEM total turnover dips 60.2% wtd with Naira down 4.4% to...
...Nigeria’s FX reserves recorded gains this week, as the gross reserves level increased by US$96.05 million w/w to US$33.21 billion
SAT, FEB 17 2024-theGBJournal| Despite...
Central Bank Governor upbeat about increased trade volume at NAFEM with...
...He told the Committee that he expects inflationary pressures to decline in 2024 to 21.4% in the medium term
SAT, FEB 10 2024-theGBJournal|The Central Bank...
Naira falls by 2.3% to N1,469.97/US$ as pressure on the currency...
SAT, FEB 10 2024-theGBJournal| The naira depreciated by 2.3% N1,469.97/US$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM) even as the total turnover (as...
Sell pressures drive FGN bond and T-Bills yield up to 15.3%...
TUE, FEB 06 2024-theGBJournal| The Treasury bond secondary market was bearish on Tuesday, as the average yield expanded by 3bps to 15.3%.
Across the benchmark...
Markets Wrap| Treasury Bills, FGN Bonds market open week bearish as...
MON, JAN 29 2024-theGBJournal| Sentiments in the Treasury bills secondary market were bearish, as the average yield expanded by 160bps to 8.3%.
Across the curve,...
Domestic and Foreign Portfolio transactions in the local bourse tops N3.56...
SAT, JAN 27 2024-theGBJournal|According to the Domestic and Foreign Portfolio Report of the Nigerian Exchange (NGX), total transactions in the local bourse settled at...
