Tag: Naira exchange rate

MON, JULY 24 2023-theGBJournal |The volatility in the foreign exchange market is naturally unsettling. But it is not unexpected given the long period of...

TUE, JULY 11 2023-theGBJournal |The Treasury bills secondary market traded with bullish sentiments, as the average yield contracted by 2bps to 6.3%. Across the curve,...

THUR, JUNE 01 2023-theGBJournal |The Central Bank of Nigeria (CBN) today debunked a news report that the local currency, the Naira, has been devalued. ''For...

TUE. 20 DEC, 2022-theGBJournal| The naira depreciated by 0.3% to N452.67/USD at the I&E window following continued pressure on the exchange rate. At the...

SAT, 05 NOV, 2022-theGBJournal| This week, Nigeria’s FX reserves maintained its decline for the ninth consecutive week, falling by US$101.78 million w/w to US$37.37...

SAT, 30 JULY, 2022-theGBJournal| This week, Nigeria’s FX reserve recorded its first decline in eight weeks, as it fell by USD169.21 million w/w to...

By Azuka Christopher TUE 05 APRIL, 2022-theGBJournal| The Nigerian economy made an inauspicious start to the year, as multiple shocks dampened investment performance and economic...

SAT 20 NOV, 2021-theGBJournal- Nigeria’s FX reserve declined for the third consecutive week as the gross reserves closed lower by USD102.58 million w/w, to...

WED 01 SEPT, 2021-theGBJournal- EQUITIES-The Nigerian equities market sustained yesterday's loss as investors sold off NB (-2.9%). Precisely, the All-Share Index settled lower by...

By theGBJournal Editorial Board FRI 16 APRIL, 2021-theGBJournal- It is tragic that the first response of the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele...