Tag: naira
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...
Naira rises against the dollar ahead of Monetary Policy Committee decision...
MON MAY 20 2024-theGBJournal| The naira traded in a happy mood Monday, at the start of a new week that is set to provide...
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...
Late interest in AIRTELAFRI stock drives NGX All-Share Index up by...
THUR MAY 16 2024-theGBJournal| Trading activities in the local bourse was negative for most of Thursday.
However, late interest in AIRTELAFRI (+9.0%) ensured the market...
NGX All-Share Index down 0.13%, its fourth successive session decline; Naira...
WED MAY 15 2024-theGBJournal| Bearish sentiment drove the domestic bourse Wednesday as the NGX All-Share Index closed 0.13% lower to 97,343.42 points, marking its...
Nigerian equities market and the local currency, Naira extend their woeful...
TUE MAY 14 2024-theGBJournal|The Nigerian equities sustained Monday's negative sentiments with profit taking activities in DANGSUGAR (-10.0%) dragging the NGX All-Share Index down by...
Analysis| Fair value and the Naira
...How do we measure fair value? There are many ways, but here we focus on just one, the inflation differential
TUE MAY 14 2024-theGBJournal|Currencies do...
Naira slides again, down 0.8% to N1,478.11/US$1; NGX All-Share Index opens...
MON MAY 13 2024-theGBJournal|The Nigerian equities market opened the week’s trading on a bearish note as sell pressures on SEPLAT (-10.0%) and UBA (-10.0%)...
Naira ends week at N1,466.31/US$; 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...
Market capitalization sheds N268.75 billion as NGX All-Share Index closes 0.5%...
TUE MAY 07 2024-theGBJournal| The Nigerian equities market sustained its negative sentiments Tuesday as investors sold off FBNH (-9.9%) and GTCO (-6.0%).
As a result,...
