Tag: naira

MON, JUNE 19 2023-theGBJournal |The naira depreciated by 13.9% to N770.38/USD at the I&E window. The overnight lending rate remained at 12.1%, as the system...

THUR, JUNE 15 2023-theGBJournal |The naira depreciated by 5.4% to N702.19/$ at the I&E window, as it continues to find its real effective range...

TUE, JUNE 13 2023-theGBJournal |The Nigerian Equities market opened the week on an impressive note as investors reacted positively to the policy signals and...

SAT, JUNE 10 2023-theGBJournal |Nigeria’s FX reserves declined further this week, as the gross reserves level declined by N137.97 million w/w to N34.88 billion...

WED, JUNE 07 2023-theGBJournal |The Nigerian equities traded marginally lower in today’s session, as profit-taking activities on UBN (-8.9%) undermined market performance. As a result,...

TUE, JUNE 06 2023-theGBJournal |The NGX Exchange benchmark index bounced in Tuesday's trading and closed 0.4% higher to 56,038.85 points, clawing back Monday's losses. Tuesday’s...

SAT, JUNE 03 2023-theGBJournal | Nigeria’s FX reserve maintained the decline from the previous week, as the gross FX reserve declined further by US$52.97...

THUR, JUNE 01 2023-theGBJournal |Trading in the local bourse extended the week’s positive momentum following bargain hunting in ZENITHBANK (+1.7%), GEREGU (+1.6%), and OKOMUOIL...

TUE, MAY 30 2023-theGBJournal | Following the inauguration of the President-elect, Nigerian markets traded positively Tuesday as the NGX Exchange, Treasury Bills and FGN...

SAT, MAY 27 2023-theGBJournal |Nigeria’s FX reserve shed the previous week’s gain, as the gross reserve position declined by US$16.25 million w/w to close...