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FX Watch| Naira strengthens by 178 bps w/w to N741.85/$ at...

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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...

NGX All-Share Index extends losses, down 0.5%. its third consecutive loss...

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WED, AUGUST 16 2023-theGBJournal |The local bourse recorded its third consecutive loss this week, following profit-taking activities on AIRTELAFRI (-5.3%). Consequently, the All-Share index declined...

FX Watch| Naira remains on the back foot, drops 3.4% to...

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SAT, JULY 15 2023-theGBJournal |This week, Nigeria’s FX reserves decreased by US$2.01 million w/w to US$34.06 billion (12 July). Analysis of CBN’s data during pre-COVID...

Markets Brief| Naira gains 3.7% to N741.50/US$, FGN Bond yield contracts...

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MON, JULY 03 2023-theGBJournal |The overnight lending rate contracted by 43bps to 1.6%, in the absence of any significant inflows into the system. The NTB...

FX reserve sustains decline, depleted by US$86.76 million w/w, Naira gains...

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SAT, JULY 01 2023-theGBJournal |Nigeria’s FX reserve continued to decline, as the gross reserve position declined by USD86.76 million w/w to close at USD34.22...

Fx Watch| Naira at N770.17/$ as I&E Window turnover declined by...

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SAT, JUNE 24 2023-theGBJournal |The naira depreciated further by 13.9% to end Friday's trading at N770.17/USD at the I&E window (IEW). Midweek, the local...

Markets Brief| Naira falls by 13% to N770.30/$, T-Bills and Treasury...

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MON, JUNE 19 2023-theGBJournal |The naira depreciated by 13.9% to N770.38/USD at the I&E window. The overnight lending rate remained at 12.1%, as the system...

FX Watch| Naira ends week 28.7% down to N663.04/US$ at the...

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SAT, JUNE 17 2023-theGBJournal |Nigeria’s FX reserves remained pressured this week, declining by US$194 million w/w to US$34.62 billion (15 June). Likewise, the naira depreciated...

FX Watch | Naira plunges by 1.7% against the dollar and...

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SAT, JUNE 10 2023-theGBJournal |Nigeria’s FX reserves declined further this week, as the gross reserves level declined by N137.97 million w/w to N34.88 billion...

Inflows into the Investors & Exporters Window jumps by 46.8% m/m...

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SAT, JUNE 10 2023-theGBJournal |Total inflows into the Investors & Exporters Window (IEW) increased by 46.8% m/m to US$1.14 billion in May 2023, relative...