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NGX benchmark index closes lower as investors take profit; Naira dips...

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...Sectoral performance was broadly negative, as the Insurance (-1.2%), Consumer Goods (-0.1%), and Banking (-0.1%) indices posted losses ...The total volume of trades decreased by...

FX Market| Nigeria’s FX reserves grows for the fourth consecutive week...

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SAT JUNE 29 2024-theGBJournal| The value of the Naira to the dollar weakened by 133 bps week-on-week to print at N1,505.30/$ this week at...

NGX All-Share Index close 0.09% lower; Naira drops 0.7%

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...The Consumer Goods (-0.5%), Banking (-0.4%), and Industrial Goods (-0.2%) indices declined, while the Insurance (+0.8%) index advanced TUE JUNE 25 2024-theGBJournal| The NGX ASI...

NGX benchmark index drops 0.4% with sectoral performance mixed; Naira depreciates...

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...The Insurance (+1.1%) index was the sole gainer of the day ...FBNH was the most traded stock by volume and value at 627.60 million units...

Demand pressure pushes Naira down by 0.2% to N1,485.53/US$ as Nigeria’s...

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...In the forwards market, the naira rate decreased at the 1-month (-0.4% to N1,506.13/USD), 3-month (-0.1% to N1,550.10/USD), 6-month (-0.2% to N1,620.54/USD) and 1-year...

GTCO, TRANSCORP gain as NGX All-Share Index closes 99,842.82 points; Naira...

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...CHAMPION (+9.9%) and VERITASKAP (+9.9%) recorded the most significant gains of the day ...TRANSCOHOT (-10.0%) and REGALINS (-8.5%) topped the losers’ list THUR JUNE 20 2024-theGBJournal|...

Markets Wrap| Treasury bond yield falls 1bps to 18.6%, T-Bills yield...

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WED JUNE 19 2024-theGBJournal| Treasury bond secondary market was mostly calm on today as the average yield increased slightly by 1bp to 18.6%. Across the...

Naira closes week with less volatility; up 0.1% w/w at NAFEM;...

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...In the forwards market, the naira rate was flat at the 1-month (N1,500.00/USD) contract ...Total turnover (as of 13 June) at the market declined by...

NGX All-Share Index recoups losses, up 0.20% as UBA gains +6.2%

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TUE JUNE 13 2024-theGBJournal| Bullish sentiments resurfaced in the domestic equities market today, as bargain hunting in UBA (+6.2%) drove the All-Share Index higher...

NGX benchmark index drops more than 160 points with losses in...

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TUE JUNE 11 2024-theGBJournal| The NGX benchmark index fell on Tuesday as losses in MTNN (-4.04%), FBNH (-0.43%) and TRANSCORP (-2.27%) suppressed sustained investor...