Tag: naira
CBN bans banks from using foreign currency denominated collaterals for Naira...
MON APRIL 08 2024-theGBJournal| The Central Bank of Nigeria (CBN) Monday banned bank customers from using foreign currency as collaterals for Naira loans, another...
Equities market in third consecutive weekly loss as NGX All-Share Index...
SAT APRIL 06 2024-theGBJournal| The Nigerian equities market recorded its third consecutive weekly loss as investors contended with the potential implications of the recently...
Markets Wrap| Naira gains 0.6% to N1,255.07/US$, NGX benchmark slides again,...
THUR APRIL 04 2024-theGBJournal| The Nigerian equities market maintained its bearish performance as sustained profit-taking activities in the tier-1 banks and MTNN (-1.3%) triggered...
Naira extends rebound, gains 1.3% to N1,262.85/US$ as NGX All-Share Index...
WED APRIL 03 2024-theGBJournal| The Nigerian equities market extended yesterday’s losses driven by sell pressures on FBNH (-5.0%) and other tier-1 banks.
As a result,...
All-Share Index slips by 0.04% to start Q2 as Naira settles...
TUE APRIL 02 2024-theGBJournal| Trading activities at the NGX Exchange kicked off the second quarter on a mixed note as losses in FBNH (-2.0%)...
Naira closes its best week at N1,309.39/US$ with gross reserves slumping...
THUR, MAR 28 2024-theGBJournal| The local currency, the naira closed out the weeks official trading up by 9.3% to N1,309.39/US$1 at the Nigerian Autonomous...
NGX benchmark index rebounds, ZENITHBANK, GTCO up +8.8% and +5.7% respectively;...
...The MTD and YTD gains printed at +4.3% and +39.5%, respectively.
WED, MAR 27 2024-theGBJournal| The Nigerian equities market rebounded on Wednesday with the All-Share...
Markets Wrap| NGX All-Share Index down 0.2%, Naira recovers to N1,382.95/US$,...
...MTNN and FBNH down -1.7% and -3.4% respectively
...the NTB secondary market was bullish, as the average yield pared by 1bp to 17.7%.
TUE, MAR 26...
NGX benchmark index retreats as Naira firms by 1.7% to N1,408.04/US$
MON, MAR 25 2024-theGBJournal|The Nigerian equities market opened the week’s trading on a bearish note as profit-taking activities in DANGSUGAR (-10.0%) and TRANSCORP (-8.4%)...
Naira rises 12.0% to N1,431.49/US$ as Gross FX reserves falls by...
SAT, MAR 23 2024-theGBJournal|The local currency, the naira appreciated by 12.0% to N1,431.49/US$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM), as the apex...
