Tag: NAFEM
FOREX| CBN makes total FX spot sale of US$543.5 million to...
...US$39 million was sold on September, offered at the rate of N1580.00/US$-1605.00/US$.
...US$17.500 million was the lowest amount sold (September 23,2024), offered at the rate...
Total inflows into NAFEM dips 7.1% m/m to US$2.17 billion in...
SAT OCT 05 2024-theGBJournal| Based on data from FMDQ, total inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) declined by 7.1% m/m to...
Markets Wrap| Equities market reels from bad October start, bonds and...
...Market capitalization lost N671.16 billion to close at N55.78 trillion
...UBA was the most traded stock by volume at 37.09 million units, while SEPLAT was...
Markets Wrap| Treasury yields rise as bears feast on markets, Naira...
WED OCT 02 2024-theGBJournal| Both the FGN bond secondary market and NTB secondary market traded with bearish sentiments on Wednesday with yields spiking moderately.
FGN...
Naira strengthens after CBN intervention, FX demand pressure remains as FX...
SAT SEPT 28 2024-theGBJournal|The CBN’s consistent effort to support the naira – intervening with USD89.00 million this week – caused the naira to trend...
Markets Wrap| FGN average bond yield unmoved at 18.6%, treasury bills...
THUR SEPT 26 2024-theGBJournal| The Treasury bond secondary market traded on a calm note on Thursday, as the average yield remained unchanged at 18.6%....
Markets Wrap| Treasury bond slides by 2bps to 18.5%, Naira sinks...
TUE SEPT 24 2024-theGBJournal| The Treasury bond secondary market closed on a bullish note on Tuesday, as the average yield contracted by 2bps to...
Markets Wrap| FGN bonds yield rises 7bps as treasury bills yield...
MON SEPT 23 2024-theGBJournal| Bearish sentiments prevailed in the Treasury bond secondary market, as the average yield expanded by 7bps to 18.5%.
Across the benchmark...
Naira ekes out a 0.3% w/w gain at NAFEM as CBN...
...There has been sustained accretion to the FX reserves as the balance reached a 20-month high of USD36.94 billion (as of 13 September), partly...
Markets Wrap| FGN bond yield closes flat at 18.5%, Naira wobbles...
TUE SEPT 17 2024-theGBJournal| The FGN bond secondary market was quiet on Tuesday as the average yield closed flat at 18.5%.
Across the benchmark curve,...