Tag: Lending Rate
FX Watch| Naira ends week down to N743/$, FX reserves drops...
SAT, 15 OCT, 2022-theGBJournal| Nigeria’s FX reserve sustained its descent for the sixth consecutive week, falling to its lowest level since 5 October 2021....
Markets Wrap| overnight lending rate up 425bps to 14.3%, equities extend...
WED 22 DEC, 2021-theGBJournal- Trading in the local bourse was positive for most of the day, however, late sell-offs of MTNN (-1.3%) ensured the...
Markets Wrap: Overnight rate closes at 17.8% on funding pressures, Naira...
TUE 30 NOV, 2021-theGBJournal- The overnight lending rate expanded by 250bps to 17.8% following funding pressures that outweighed inflows from OMO maturities (NGN54.30 billion).
Trading...
Markets Brief: Naira drops 3.5% to N522/US$ in response to BDC...
WED 28 JULY, 2021-theGBJournal-The naira was flat at NGN411.60/USD at the I&E window but depreciated by 3.5% to NGN522.00/USD in the parallel market in...
