Tag: FX

SAT OCT 25 2025-theGBJournal| The naira rose this week by 0.5% w/w to N1,466.00/USD at the official foreign exchange market, driven by increased supply. Rising...

MON SEPT 15 2025-theGBJournal| The naira sustained its rally on Wednesday, closing at N1,498.50 to the United States dollar at the official Nigerian Foreign...

SAT JUNE 21 2025-theGBJournal| The Nigerian naira rose by 0.6% w/w to N1,548.00/USD, buoyed by increased supply from foreign portfolio investors (FPIs) who were...

SAT JUNE 07 2025-theGBJournal| Total inflows into the Nigerian Foreign Exchange Market (NFEM) surged by 62.0% m/m to US$5.96 billion in May (April: US$3.67...

SAT MAY 17 2025-theGBJournal| The naira rose on Friday after latest round of inflation data showed a slight fall in food inflation, putting it...

MON APRIL 14 2025-theGBJournal| Nigerian equities market experienced another floppy session on Monday as the Banking (-2.0%), Insurance (-0.4%) and Oil & Gas (-0.2%)...

MON APRIL 07 2025-theGBJournal| Nigeria's official FX rate plummeted by 2.8% to N1,630.75/US$ Monday, extending its negative performance despite sustained Central Bank of Nigeria...

...The Treasury bill secondary market traded on a bullish note, as the average yield contracted by 11bps to 19.8% TUE MARCH 04 2025-theGBJournal| The Nigerian...

THUR, MAR 28 2024-theGBJournal| The local currency, the naira closed out the weeks official trading up by 9.3% to N1,309.39/US$1 at the Nigerian Autonomous...

SAT. 24 DEC, 2022-theGBJournal| After fifteen consecutive weeks of decline, Nigeria’s FX reserves increased by US$13.47 million to USD36.95 billion (22 December 2022). Meanwhile,...