Tag: naira
Naira slips 0.1% despite $50 million CBN intervention as reserves fall...
SAT NOV 07 2026-theGBJournal| The naira weakened marginally against the US dollar, depreciating 0.1% week-on-week to close at ₦1,349.00/$, despite a $50.00 million intervention...
Nigerian stocks suffer steepest weekly decline as DANGCEM, PRESCO plunge 10%;...
FRI NOV 06 2026-theGBJournal| Nigeria’s equities market recorded its steepest decline of the week on Thursday, as aggressive selloffs in heavyweight stocks, including Dangote...
NGX rebounds as consumer goods stocks lift market, despite negative breadth;...
WED NOV 04 2026-theGBJournal| Nigeria’s equities market halted its recent correction on Tuesday, with renewed buying interest in select large-cap stocks helping the benchmark...
DANGCEM, ETI, and ACCESSCORP lead gains as NGX benchmark index bounces...
FRI OCT 30 2026-theGBJournal| The Nigerian equities market advanced in Thursday’s session, as the NGX All-Share Index (ASI) rose by 0.47% to close at...
NGX All-Share Index retreats as Banking Index record largest dip; Naira...
THUR OCT 29 2026-theGBJournal|The Nigerian equities market witnessed a reversal from the bullish optimism that started the week on Wednesday, as the NGX All-Share...
NGX All-Share Index strikes back-to-back wins as large cap stocks rally;...
WED OCT 28 2026-theGBJournal| The Nigerian equities market wins back-to-back, supported by the persistent rally of large cap stocks in the Industrial Sector. Consequently,...
NGX extends losses for second day as ASI falls 0.07% as...
THUR OCT 22 2026-theGBJournal| The Nigerian equities market extended its decline for a second consecutive session on Thursday, as selling pressure in key stocks...
Broad-based sell-off drags Nigerian equities lower as NGX ASI fall 0.32%
THUR OCT 22 2026-theGBJournal| Broad-based selling pressure in the Nigerian equities market Wednesday led the NGX All-Share Index (ASI) to fall by 0.32%, bringing...
OVN rate rises despite Positive liquidity, sell-offs push bond yields higher,...
TUE OCT 20 2026-theGBJournal| The banking system commenced the week with net positive liquidity of ₦4.04 trillion, despite inflows from primary market repayments.
Meanwhile, the...
Naira weakens marginally as dollar demand persists despite $55.09 billion reserves
SAT OCT 17 2026-theGBJournal| The naira depreciated by 0.1% week-on-week (w/w) to N1,333.09/USD, as renewed domestic demand for foreign currency outweighed the impact of...
