Tag: FX
Severe FX pressure as Naira plummets 2.8% against the U.S...
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...
Market Wraps| NGX All-Share Index sheds 0.5% as FGN bond yields...
...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...
Naira closes its best week at N1,309.39/US$ with gross reserves slumping...
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...
FX Watch|Nigeria’s FX reserves bounces back after 15 weeks of decline,...
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,...
FX Watch: Reserves drop US$111.56 million w/w to US$34.61 billion, turnover...
SAT 15 MAY, 2021-theGBJournal- Nigeria’s FX reserves sustained its decline for the fourth consecutive week, as it dipped by USD111.56 million w/w to USD34.61...
OUTLOOK 2021: Events most likely to drive the policy direction of...
THUR, 31 DEC, 2020-theGBJournal- The Nigerian policy environment is characterized by a great deal of uncertainty. The inconsistent and unpredictable nature of the policy...
MARKETS: Bond average yield declines across the curve, NTB secondary market...
…Overnight lending rate contracts 119bps to 1.3% and
…Naira closes flat at N483/$ at the parallel market
TUE, 24 NOV, 2020-theGBJournal- The Treasury bonds secondary...
MARKETS: Treasury bond yields expand following sell-offs, Naira depreciates 0.2% to...
WED, 11 NOV, 2020-theGBJournal- The domestic equities market extended its gains for the fourth consecutive session, as the All-Share Index advanced by 1.9% to...
MARKETS: Treasury bond expands 2bps to 0.5% in response to March...
THUR, 05 NOV, 2020-theGBJournal- The Nigerian equities market was marginally lower but closed flat after today’s proceedings, following declines in UBN (-3.6%), INTBREW (-5.8%)...
Nigeria’s FX reserves rebound by $1.77 million as OMO maturities, FGN...
SAT, 24 OCT, 2020-theGBJournal-Nigeria’s FX reserves increased by USD1.77 million w/w to USD35.67 billion, as inflows offset outflows for CBN’s interventions across the various...
