Tag: FX Market
Fx Watch| Nigeria’s FX reserve falls by $102.94 million to $40.38...
SAT 22 JAN, 2022-theGBJournal- Nigeria’s FX reserve declined by USD102.94 million to USD40.38 billion (19th January 2022) on the back of CBN’s continued support...
fx Watch| Nigeria’s FX reserve closed lower by $61.41 million w/w...
SAT 01 JAN, 2022-theGBJournal- Nigeria’s FX reserve sustained its decline as the Central Bank of Nigeria (CBN) maintained its interventions in the FX market....
Fx Watch| Nigeria’s gross reserves closed lower by $69.31 million w/w,...
SAT 25 DEC, 2021-theGBJournal- Nigeria’s FX reserve sustained its decline as the Central Bank of Nigeria (CBN) maintained its interventions in the FX market....
fx Watch| Nigeria’s FX reserve remains under pressure, Naira drops 1.2%...
SAT 11 DEC, 2021-theGBJournal- Nigeria’s FX reserve remained under pressure, declining by USD187.63 million to USD40.93 billion (8th December 2021) as the CBN continued...
fx Watch: Gross reserves down by US$167.67 million w/w to US$41.53...
SAT 13 NOV, 2021-theGBJournal- Nigeria’s FX reserve sustained its decline as the CBN stepped up its interventions in the FX market.
Thus, the gross...
Markets Wrap: Naira moves lower again against US Dollar, Treasury bond...
THUR 16 SEPT, 2021-theGBJournal-The naira depreciated by 0.2% and 0.5% to NGN413.07/USD and NGN565.00/USD at the I&E window and parallel market, respectively.
At the Money...
Markets Brief: Naira at N528/$ and Nigerian equities market in red...
WED 01 SEPT, 2021-theGBJournal- EQUITIES-The Nigerian equities market sustained yesterday's loss as investors sold off NB (-2.9%). Precisely, the All-Share Index settled lower by...
The Economy: Expect domestic borrowing to top NGN3.06 trillion in 2021
SAT 26 JUNE, 2021-theGBJournal- The Federal Executive Council (FEC) approved a supplementary budget of NGN895.84 billion and has been sent to the National Assembly...
Markets Wrap: Naira trades closer to N500/$, bargain buying drives equities...
WED 02 JUNE, 2021-theGBJournal- Positive trading returned to the domestic equities market, as bargain buying in DANGCEM (+1.4%) spurred a 0.2% gain in the...
Cordros provides insight on why hike in OMO rates won’t sway...
WED 17 FEB, 2021-theGBJournal- In their 2021 domestic macroeconomic outlook report, Cordros Securities analysts projected that the CBN would adopt a combination of higher...
