Tag: FX Parallel Market
Naira official and parallel market rates gap narrows again
MON, NOV 27 2023-theGBJournal|The naira depreciated by 2.4% to N814.60/USD on Monday at the Nigerian Autonomous Foreign Exchange Market (NAFEM).
The exchange rate in the...
FX Watch| Naira gains 1.28% as it continues rebound against the...
SAT, 19 NOV, 2022-theGBJournal| Nigeria’s FX reserve recorded another decline this week for the eleventh consecutive week, dipping by USD14.11 million w/w to USD37.19...
Markets Wrap: Local currency unchanged at N505/US$, bond secondary market was...
MON 12 JULY, 2021-theGBJournal- The naira appreciated by 0.1% to NGN411.50 at the I&E window but stayed flat at NGN505.00/USD in the parallel market.
At...
FX Brief: Nigeria’s reserves drops $113.15 million w/w to $33.12 billion,...
SAT 10 JULY, 2021-theGBJournal- Nigeria’s Foreign Exchange reserves sustained its decline, dipping USD113.15 million w/w to USD33.12 billion (6th July 2021).
Meanwhile, the naira depreciated...
Treasury yield contracts at short and long ends on demand for...
THUR 18 MARCH, 2021-theGBJournal- The naira appreciated slightly at the I&E window by 2bps to NGN409.67/USD but stayed flat at NGN485.00/USD in the parallel...
FX WATCH: Nigeria’s FX reserves sustains decent, down again by .39...
SAT 20 FEB, 2021-theGBJournal- Nigeria’s FX reserves sustained its descent, as it dipped by USD177.39 million w/w to USD35.58 billion (16th February 2021).
The naira...
MARKETS: Interest in large caps propel All-Share Index to 32,243.05 points...
…Naira gains at I&E Window, depreciates 0.2% to NGN465.00/USD in the parallel market
MON, 09 NOV, 2020-theGBJournal- Trading in the domestic equities market opened the...
