Tag: NAFEM

...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...

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...

SAT APRIL 20 2024-theGBJournal| Nigeria’s FX reserves fell substantially this week, as gross reserves fell by US$502.99 million w/w to a seven-year low of...

SAT APRIL 13 2024-theGBJournal| The naira further appreciated by 9.5% to NGN1,142.38/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM) at the close of...

THUR, MAR 28 2024-theGBJournal| The local currency, the naira closed out the weeks official trading up by 9.3% to N1,309.39/US$1 at the Nigerian Autonomous...

SAT, MAR 23 2024-theGBJournal|The local currency, the naira appreciated by 12.0% to N1,431.49/US$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM), as the apex...

WED, MAR 13 2024-theGBJournal| Sentiments in the T-bills secondary market remained bullish, as the average yield declined by 1bp to 18.8%. Across the curve, the...

...The overnight lending rate expanded by 111bps to 31.6%, following the debits for the net NTB issuance (N979.79 billion). THUR, MAR 07 2024-theGBJournal| The FGN...

TUE, MAR 05 2024-theGBJournal|The Nigerian bonds secondary market traded with bearish sentiments, as the average yield expanded by 7bps to 17.2%. Across the benchmark curve,...

...The domestic bourse recorded its first positive performance of the week as gains in GTCO (+10.0%) and ZENITHBANK (+7.9%) offset the loss in NESTLE THUR,...