Tag: naira
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...
Markets Wrap| FGN Bonds, T-Bills yield rise 34bps and 128bps...
...The overnight lending rate expanded by 108bps to 26.5%, following the debits for the net NTB issuance (N1.31 trillion).
THUR, FEB 22 2024-theGBJournal| The Treasury...
Markets Wrap| FGN bonds yield rises 19bps to 16.4% and Naira...
WED, FEB 21 2024-theGBJournal|The FGN bond yield rose Wednesday and the Naira edged up against the dollar after a mixed day trading that saw...
NAFEM total turnover dips 60.2% wtd with Naira down 4.4% to...
...Nigeria’s FX reserves recorded gains this week, as the gross reserves level increased by US$96.05 million w/w to US$33.21 billion
SAT, FEB 17 2024-theGBJournal| Despite...
Markets Wrap| Treasury bond yield expands further by 29bps to 16.2%,...
...The overnight lending rate contracted by 35bps to 15.1%
THUR, FEB 15 2024-theGBJournal|The Treasury bond secondary market closed on a bearish note on Thursday, as...
