Tag: forex
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...
Markets Wrap| FGN Bonds, T-Bill in sustained sell presure as yield...
WED, JAN 24 2024-theGBJournal| The FGN bond secondary market closed on a bearish note on Wednesday, as the average yield expanded by 2bps to...
Finance Minister Edun confident Nigeria will secure the $1.5 billion World...
SAT, JAN 20 2024-theGBJournal|The Federal Government is in discussions with the World Bank for a $1.5 billion loan aimed at supporting the budget and...
Turnover at NAFEM falls 36.4% wtd to US$419.92 million as supply...
...Naira falls 1.3% NGN902.45/USD
...FX Reserves increases by USD82.42 million w/w
SAT, JAN 20 2024-theGBJournal|The naira depreciated by 1.3% to NGN902.45/USD at the Nigerian Autonomous Foreign...
FX Watch| Naira value falls 2.4% to N890.54/USD at NAFEM as...
SAT, JAN 13 2024-theGBJournal|The naira value fell by 2.4% to N890.54/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), with total turnover in the...
Analysis| Can we be optimistic about foreign exchange?
...As markets resume trading in 2024 the biggest issue is foreign exchange. Are things going to get better or worse? Sometimes, we believe, and...
Naira gains 3.0% to N869.39/$ at NAFEM, Fx reserves up US$129.82...
SAT, JAN 06 2024-theGBJournal|Nigeria's FX reserves started the year with an accretion as the gross reserve level increased by USD129.82 million w/w to USD33.04...
Quick Take: Ban on FX sales to BDCs and the effectiveness...
SAT 31 JULY, 2021-theGBJournal- At the July policy meeting, the Monetary Policy Committee unanimously voted to keep the MPR at 11.5% alongside other key...
