Tag: FX Market
Naira holds higher at N1,390.50/US$1 after robust inflows from offshore players
SAT JAN 31 2026-theGBJournal| The Nigerian naira gained strongly this week against the US dollar which also firmed against a basket of currencies including...
Nigerian naira starts week firmer against the dollar as gross reserve...
MON AUG 11 2025-theGBJournal| The Nigerian naira gained after trading on Monday, underpinned by relative stability in the FX market and stronger gross reserves...
Naira unchanged at N1,520.00/US$1 as it continues trading within $1500 –...
MON AUG 04 2025-theGBJournal| Naira stayed unchanged on Monday as it continues to trade within the $1500 - $1600 band at FX market, supported...
After posting marginal gains, naira begins week on the back foot...
MON APRIL 28 2025-theGBJournal| The Naira relinquished its marginal gains again Monday, falling 0.4% to N1,602 against the U.S dollar at the official FX...
Fresh sell-off keeps up pressure on equities as NGX All-Share Index...
WED APRIL 16 2025-theGBJournal| Fresh turmoil in Nigerian stock market kept the pressure on equities Wednesday as sell pressures in GTCO (-1.5%) and ZENITHBANK...
Naira advances 4bps w/w against the dollar as CBN initiates temporary...
...FX reserves recorded accretion this week, as the gross reserves level grew by USD226.47 million w/w to USD40.79 billion (19 December)
SAT DEC 21 2024-theGBJournal|...
Naira finishes week 2.2% up against the dollar; FX reserves swells...
SAT DEC 14 2024-theGBJournal| The naira rose this week by 2.2% w/w to N1,544.35/USD following the Central Bank of Nigeria's (CBN) intervention which saw...
Markets Wrap| FGN Bonds yield stays unmoved at 19.1% despite sell...
...The T-bills secondary market traded with bullish sentiments, as the average yield contracted by 2bps to 25.1%
THUR NOV 28 2024-theGBJournal| The FGN bond secondary...
Markets Wrap| Naira weakens against dollar as demand continues to outstrip...
...the Treasury bond secondary market traded on a calm note as investors awaited the results of the bond auction.
MON NOV 18 2024-theGBJournal| The naira...
Naira edges higher by 0.3% w/w after a week of stellar...
SAT SEPT 07 2024-theGBJournal|The naira remained resilient against the greenback, appreciating by 0.3% w/w to N1,593.32/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM).
This...
