Tag: naira
Naira weakens by 2.0% against the U.S dollar amid investor exit,...
SAT APRIL 12 2025-theGBJournal| The naira fell sharply at close of trading Friday, at both the NFEM (2.0% to N1,617.00/US$) and FMDQ (N1,631.90) windows...
Nigerian equities market sink as profit-taking resurfaces, Naira drops 1.9% against...
THUR APRIL 10 2025-theGBJournal| Equities market on Wednesday relapsed as profit-taking activities resurfaced, with ETI (-9.9%), GTCO (-1.7%) and UBA (-2.6%) weighing down the...
Markets Wrap| NGX All-Share Index closes higher, snapping streak of sell...
...The Treasury bills secondary market traded with bearish sentiments, as the average yield expanded by 67bps to 20.6%.
...FGN bond secondary market were bearish as...
Severe FX pressure as Naira plummets 2.8% against the U.S...
MON APRIL 07 2025-theGBJournal| Nigeria's official FX rate plummeted by 2.8% to N1,630.75/US$ Monday, extending its negative performance despite sustained Central Bank of Nigeria...
Naira gains vs dollar, FX reserves drop US$135.57 million w/w
SAT APRIL 05 2025-theGBJournal| The Naira rose against the dollar Friday, ending 0.2% to N1,536.00/US$ as FX sales by offshore players driven by an...
Markets Wrap| Stocks close 1bp higher as market regain composure, naira...
...The FGN bond secondary market was quiet, albeit with a bullish tilt, as the average yield declined by 1bp to 18.5%.
THUR APRIL 03 2025-theGBJournal|...
Markets Wrap| NGX All-Share Index close lower as sell pressures pervade,...
...the Treasury bills secondary market were bearish, as the average yield expanded by 11bps to 19.6%
...trading in the FGN bond secondary market was quiet,...
Official and parallel market gap narrows to N21.34 as naira falls...
SAT MARCH 29 2025-theGBJournal| The exchange rate gap between the official and parallel markets narrowed to N21.34 as the naira depreciated to N1,538.66/US$ in...
NGX All-Share Index falls as sell-off cloud Zenith Bank and FirstHoldCo...
THUR MARCH 27 2025-theGBJournal| Sell pressures in ZENITHBANK (-2.3%) and FIRSTHOLDCO (-2.4%) induced a 0.1% decline in the All-Share Index to 105,426.12 points.
Market capitalization...
MTNN, ZENITHBANK stocks drag NGX All-Share Index close lower, naira tumbles...
WED MARCH 26 2025-theGBJournal| The Nigerian stocks market relapsed Wednesday, dragged by sell-offs in MTNN (-2.7%) and ZENITHBANK (-1.1%).
The benchmark index, the All-Share Index...
