Tag: naira
Markets Wrap| Naira official and street market rates closer, bonds yield...
...The overnight lending rate expanded by 78bps to 31.8%, in the absence of any significant funding pressure on the system.
MON, MAR 11 2024-theGBJournal| Treasury...
Naira slides 4.9% to N1,627.40/US$ at NAFEM amid frail market supply
SAT, MAR 09 2024-theGBJournal|The naira depreciated by 4.9% to N1,627.40/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM) following sustained frail market supply.
NAFEM's total...
Markets Wrap| Bonds yield rises at short, mid, long ends on...
...The overnight lending rate expanded by 111bps to 31.6%, following the debits for the net NTB issuance (N979.79 billion).
THUR, MAR 07 2024-theGBJournal| The FGN...
Markets Wrap| T-Bills yield falls 3bps to 17.2%, bonds yield stays...
MON, MAR 04 2024-theGBJournal| Sentiments in the NTB secondary market were bullish, as the average yield contracted by 3bps to 17.2%.
Across the curve, the...
Naira jumps 704 bps w/w against the dollar, Nigeria’s gross reserves...
SAT, MAR 02 2024-theGBJournal|The value of the Naira to the dollar strengthened by 704 bps week-on-week by Friday to print at N1,548.25/$ at the...
Markets Brief| Bonds yield closes flat at the mid, long segments,...
...The domestic bourse recorded its first positive performance of the week as gains in GTCO (+10.0%) and ZENITHBANK (+7.9%) offset the loss in NESTLE
THUR,...
Markets Wrap| Naira rebounds to N1,609.51/US$, bonds yield touches 17.1%, T-Bills...
...The Nigerian equities market maintained its bearish streak as sell pressures on DANGSUGAR (-9.7%) and tier-1 banks weighed on today’s performance.
WED, FEB 28 2024-theGBJournal|The...
Markets Brief| Naira tumbles at NAFEM to N1,615.94/US$, bonds yield rise...
...At the money market, the overnight lending rate expanded by 246bps to 26.7%, in the absence of any significant funding pressure on the system.
TUE,...
Markets Brief| Naira claws back 5.2% against the U.S Dollar, short...
MON, FEB 26 2024-theGBJournal| Activities in the FGN bond secondary market were bearish, as the average yield increased by 2bps to 16.7%.
Across the benchmark...
Naira weakens 7.7% to N1,665.50/US$ at NAFEM, FX reserves gains US$151.79...
SAT, FEB 24 2024-theGBJournal| The naira depreciated by 7.7% to N1,665.50/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM).
Midweek, the CBN reinstated the two-way...
