Tag: naira
Naira firms vs U.S dollar as total inflows into forex Market...
SAT AUG 02 2025-theGBJournal| The Nigerian naira ticked higher than expected by end of official trade on Friday, closing 1.2% w/w to N1,520.00/US$1.
The gain...
Nigerian stocks tick higher as investor relish positive earnings results, Naira...
...FIDELITYBK was the most traded stock by volume at 111.27 million units, while MTNN was the most traded stock by value at N3.59 billion.
TUE...
Naira bounce 0.2% to begin the week
MON JULY 28 2025-theGBJournal| The Naira bounced on Monday after mixed performance against the US Dollar last week
At the official foreign exchange market (NAFEM),...
Naira falls, depressed by demand pressures, CBN sells US$81.00 million to...
SAT JULY 26 2025-theGBJournal| The naira depreciated by 0.4% w/w to N1,538.00/US$, as demand pressures emerged, outweighing supply.
Notably, CBN intervened this week, selling c.US$81.00...
NGX All-Share Index hit record high to start the week thanks...
MON JULY 21 2025-theGBJournal| Nigerian stocks moved higher on Monday as investors feasted on BUACEMENT (+5.2%), PRESCO (+5.1%), and WAPCO (+1.8%) shares.
The buying interest...
Naira drops 0.1% w/w but gross FX reserves rise for the...
SAT JULY 19 2025-theGBJournal| The naira slipped against the US dollar by close of official trade on Friday, despite Central Bank of Nigeria's (CBN)...
Markets Wrap| Stocks and Naira rise on bullish sentiments
...the FGN bond secondary market traded on a bullish note. The average yield contracted by 8bps to 16.4%.
THUR JULY 17 2025-theGBJournal| The Nigerian equities...
Markets Wrap| FGN bond yield slides 1bp, treasury bills yield pares...
MON JULY 14 2025-theGBJournal| The FGN bond secondary market traded on a calm note, albeit with a bullish undertone, as the average yield contracted...
Naira falls 0.2% w/w fueled by demand pressures
SAT JULY 12 2025-theGBJournal| The Nigerian naira fell 0.2% w/w to N1,531.00/US$, as demand pressures emerged, outweighing supply from foreign Portfolio investments (FPIs) looking...
Naira weakens to new low versus dollar as treasury yields slide...
WED JULY 09 2025-theGBJournal| The naira weakened to a new low on Wednesday against the U.S dollar, raising concerns about Nigeria's growing public debt...
