Tag: FX Market
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...
MarketsBrief|FGN Bonds yield falls on investors demand for APR-2029, JUN-2033 and...
...The overnight lending rate expanded by 50bps to 22.6%, in the absence of any significant outflows from the system.
...NTB secondary market traded with mixed...
MarketsBrief| Naira trades at N806.73/USD at NAFEM, T-Bills yiled rises to...
TUE, DEC 05 2023-theGBJournal| The naira appreciated by 3.9% to N806.73/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM).
The overnight lending rate contracted by...
Total turnover at official FX market falls by 30.0% WTD to...
...Nigeria’s FX reserve fell further this week as the gross reserve level decreased by USD168.42 million w/w to USD33.00 billion
SAT, DEC 02 2023-theGBJournal|The naira...
MarketsToday| GTCO most traded stock by volume and value as NGX...
...The naira appreciated by 6.1% to N831.47/USD at the Nigerian Autonomous Foreign Exchange Market
...lending rate contracted by 38bps to 16.8%, in the absence of...
Naira shrinks further towards parallel market rate, falls by 22.1% to...
...FX reserves settles lower by USD44.39 million w/w
SAT, NOV 11 2023-theGBJournal|The local currency, the Naira, fell by 22.1% to N996.75/USD at the Nigerian Autonomous...
Analysis| Expected inflow of US$10.0bn, a US$ boost for Nigerian markets?
TUE, OCT 31 2023-theGBJournal|Last week it was reported that the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, had announced an...
Money Watch| Naira rises by 227 bps w/w to N789.94/$ but...
...Nigeria’s FX reserve recorded another accretion this week for the third consecutive week
...At the money market, during the past week, interbank market rates showed...
Markets Wrap| T-Bills yield falls to 6.9&, Naira slumps to N847.77/$...
TUE, OCT 24 2023-theGBJournal|Trading in the NTB secondary market was bullish on Tuesday, as the average yield contracted by 3bps to 6.9%.
Across the curve,...
FX Watch| Naira strengthens by 178 bps w/w to N741.85/$ at...
SAT, OCT 07 2023-theGBJournal| The value of the Naira to the dollar strengthened by 178 bps week-on-week to print at N741.85/$ this week at...
