Tag: FX Market
Naira continues its losing streak, falls 1.5% to the US$ at...
WED, OCT 04 2023-theGBJournal|The naira depreciated by 1.5% to N756.21/USD at the Investors and Exporters (I&E) window Wednesday at the end of the day's...
FX Watch| Nigeria’s external reserves falls to $33.94 billion, its lowest...
SAT, AUGUST 12 2023-theGBJournal |Nigeria’s FX reserves remained under pressure this week, as the gross reserve decreased by USD44.41 million w/w to USD33.88 billion...
2023 Mid-Year Outlook| Will the “Benjamins” find their way back to...
THUR, JULY 06 2023-theGBJournal | The naira remains on the back foot against the US dollar as FX demand continues to outstrip supply.
The demand...
Central Bank of Nigeria announces sweeping operational changes to the foreign...
WED, JUNE 14 2023-theGBJournal |The Central bank of Nigeria (CBN) today announced sweeping operational changes to the foreign exchange market, in what is generally...
Insight| Selling government forex at less than N500/$ is inexcusable
MON. 16 JANUARY, 2023-theGBJournal| The second major subsidy regime from which huge revenues can be unlocked in the short term is the foreign exchange...
fx Watch| Nigeria’s FX reserves grows US$75.44 million w/w, naira trades...
SAT, 16 JULY, 2022-theGBJournal| Nigeria’s FX reserves sustained its accretion, as it grew by US$75.44 million w/w to US$39.43 billion (14 July 2022).
Across...
Fx Watch| Nigeria’s fx reserve grows by US$170.75 million w/w, naira...
SAT, 09 JULY, 2022-theGBJournal| This week, Nigeria’s FX reserve recorded another accretion, growing by US$170.75 million w/w to US$39.34 billion (07 July 2022). Across...
Markets Wrap| Naira trades at N421.50/$ at the I&E window, Treasury...
TUE, 28 JUNE, 2022-theGBJournal| At the money market, the overnight lending rate was unchanged at 14.0%, in the absence of any significant funding pressure...
Markets Wrap| T-Bills expands27bps to 5.1% on bearish sentiments, bonds yield...
MON, 27 JUNE, 2022-theGBJournal| The overnight lending rate was flat at 14.0%, in the absence of any significant funding pressure on the system.
The Nigerian...
FX Watch| Nigeria’s FX reserves records N220.04 million w/w gain, IEW...
SAT, 25 JUNE, 2022-theGBJournal| Nigeria’s FX reserves recorded another accretion this week, as it grew by USD220.04 million w/w to USD38.88 billion (23 June)....
