Tag: naira

TUE, AUGUST 01 2023-theGBJournal |The Nigerian equities market sustained its bearish run today, as profit-taking activities across banking names - GTCO (-3.1%) and FIDELITYBK...

MON, JULY 31 2023-theGBJournal |The NGX All-Share Index shed 1.1% to close at 64,337.52 points Monday, picking off from where it left off last...

SAT, JULY 29 2023-theGBJournal |Nigeria’s FX reserve declined by US$19.20 million w/w to US$33.95 billion (26 July). Meanwhile, the naira appreciated by 0.3% to...

WED, JULY 26 2023-theGBJournal |The Nigerian equities market recorded its first negative performance this week as profit-taking in MTNN (-3.4%) drove the benchmark index...

WED, JULY 26 2023-theGBJournal |The local bourse sustained its bullish momentum in Tuesday’s trading, as the All-Share Index advanced by 1.1% to 65,991.02 points...

MON, JULY 24 2023-theGBJournal |Nigeria Treasury bills secondary market were bullish Monday, ahead of the Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC)...

TUE, JULY 18 2023-theGBJournal |The NGX All-Share Index notched a 1.3% gain to close at 63,766.72 points, pushing the Month-to-Date and Year-to-Date gains up...

SAT, JULY 15 2023-theGBJournal |This week, Nigeria’s FX reserves decreased by US$2.01 million w/w to US$34.06 billion (12 July). Analysis of CBN’s data during pre-COVID...

THUR, JULY 13 2023-theGBJournal |The naira appreciated by 4.9% to NGN746.28/USD at the I&E window. The overnight lending rate expanded by 8bps to 1.4%, in...

WED, JULY 12 2023-theGBJournal |The perennial question for investors is whether to save in Naira or US dollars, assuming, of course, that the choice...