Tag: 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...

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...

...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...

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%)...

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...

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,...

MON MAY 06 2024-theGBJournal| At market close Monday the NGX benchmark index, the All-Share Index was down 0.9% and closed at 98,703.68 points. The Month-to-Date...

MON APRIL 29 2024-theGBJournal| The Nigerian stock market kicked off on a bearish note as sell pressures on GTCO (-7.9%), DANGSUGAR (-10.0%), SEPLAT (-2.3%)...

SAT APRIL 27 2024-theGBJournal| Economic and Financial Crimes Commission (EFCC) Taskforce arrested 34 suspected currency speculators in Abuja Friday. The Operatives attached to the Taskforce...

...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...