Tag: NAFEM
As the CBN sustained its intervention the Naira fell 0.2% at...
SAT JUNE 01 2024-theGBJournal|The naira appreciated to a month high of N1,173/USD on 28 May before closing the week at N1,485.99/USD (-0.2% w/w) at...
NGX All-Share Index sustains winning streak, gains 0.4% to close at...
WED MAY 29 2024-theGBJournal|The Nigerian equities market maintained its winning streak in Wednesday’s session underpinned by investors’ demand for DANGSUGAR (+9.6%), FBNH (+5.0%), ZENITHBANK...
Analysis| Naira exchange rate dynamics and the theoretical fair values
...We think that a range of theoretical fair values falls between N740.2/US$1 and N852.7/US$1, compared with the current N1,482.8/US$1
TUE MAY 28 2024-theGBJournal| For the...
NESTLE gains +9.8% as NGX All-Share Index climbs to 98,285.33 points;...
TUE MAY 21 2024-theGBJournal|The Nigerian equities market extended yesterday’s gains as demand for NESTLE (+9.8%) drove the benchmark index 0.1% higher.
Specifically, the All-Share Index...
Nigeria’s FX reserves up US$195.01 million to US$32.64 billion as Naira...
SAT MAY 18 2024-theGBJournal|The value of the Naira to the dollar weakened by 212 bps week-on-week to print at N1,497.33/$ this week at the...
Naira ends week at N1,466.31/US$; gross reserves level jumps by US$89.76...
SAT MAY 11 2024-theGBJournal|The naira depreciated by 4.5% to N1,466.31/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), as the total turnover (as of...
NGX All-Share Index down 0.89%, GUINEAINS, CORNERST record most significant gains;...
MON MAY 06 2024-theGBJournal| At market close Monday the NGX benchmark index, the All-Share Index was down 0.9% and closed at 98,703.68 points.
The Month-to-Date...
Nigeria’s FX reserves settle higher as Naira value tumbles 457 bps...
SAT MAY 04 2024-theGBJournal|The value of the Naira to the dollar weakened by 457 bps week-on-week to print at N1,400.40/USD this week at the...
NGX All-Share Index closes 1.39% w/w down as Naira plumets by...
...Nigeria’s FX reserves paused the five-week descent as the gross reserves level increased by US$10.76 million to US$32.12 billion (24 April).
SAT APRIL 27 2024-theGBJournal|Over...
Interest in TRANSCOHOT pushes NGX All-Share index 0.1% up as Naira...
THUR APRIL 25 2024-theGBJournal| Trading activities in the local bourse closed on a positive note today, as buying interest in TRANSCOHOT (+9.8%) triggered a...
