Tag: naira
Naira shrinks further towards parallel market rate, falls by 22.1% to...
...FX reserves settles lower by USD44.39 million w/w
SAT, NOV 11 2023-theGBJournal|The local currency, the Naira, fell by 22.1% to N996.75/USD at the Nigerian Autonomous...
Yield across benchmark curve rises as investors sell off the FEB-2028...
WED, NOV 08 2023-theGBJournal| Trading activities in the Treasury bills secondary market were bullish, as the average yield contracted by 7bps to 14.3%.
Across the...
Markets Brief| Naira drops to N869.91/USD at official market, FGN bonds...
TUE, NOV 07 2023-theGBJournal|Activities in the NTB secondary market were quiet, as the average yield closed flat at 14.4%.
Across the curve, the average...
FXWatch| Nigeria’s gross reserve level advances by US$60.15 million w/w, Naira...
SAT, NOV 04 2023-theGBJournal| The naira appreciated by 1.8% to N776.14/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), with total turnover at the...
Analysis| Nigeria to retap the Eurobond Market and why it matters
FRI, NOV 03 2023-theGBJournal| The Central Bank of Nigeria (CBN) has reportedly made significant progress in fulfilling a substantial portion of its outstanding matured...
Markets Watch| Naira rebounds to N815.32/US$ after Monday’s nightmare, Treasury bills...
TUE, OCT 31 2023-theGBJournal| The local currency, the naira recovered by 21.9% to N815.32/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), after it...
Markets Wrap| Naira gains at NAFEM, NGX benchmark index falls by...
...The Nigerian Treasury bills secondary market traded quietly, as the average yield was unchanged at 6.9%.
...Treasury bond secondary market were mixed, albeit with a...
Markets Today| Naira gains at the official FX market, T-bils yield...
THUR, OCT 19 2023-theGBJournal| The naira appreciated by 1.0% to N782.68/USD at the Nigerian Foreign Exchange Market (NFEM) as the exchange rate between the...
Treasury bills, FGN bond yields rise, Naira falls sharply by 8.2%...
TUE, OCT 17 2023-theGBJournal| The Nigerian Treasury bills secondary market traded with bearish sentiments, as the average yield expanded by 1bp to 6.5%.
Across the...
Analysis| State of Nigeria’s financial markets six months after the election
...The investment outlook for Naira fixed income investments (T-bill, FGN bonds) remains unclear.
...Yields are well below the rate of inflation and investors are not...
