Tag: naira

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...

MON, JULY 10 2023-theGBJournal |The overnight lending rate expanded by 8bps to 1.3%, in the absence of any significant outflow from the system. The NTB...

THUR, JULY 06 2023-theGBJournal |The Nigerian equities market sustained the previous session’s gains, as bargain hunting in DANGCEM (+1.8%), spurred a 0.8% increase in...

WED, JULY 05 2023-theGBJournal |The overnight lending rate contracted by 42bps to 1.2%, in the absence of any significant inflows into the system. Sentiments in...

MON, JULY 03 2023-theGBJournal |The overnight lending rate contracted by 43bps to 1.6%, in the absence of any significant inflows into the system. The NTB...

SAT, JULY 01 2023-theGBJournal |Nigeria’s FX reserve continued to decline, as the gross reserve position declined by USD86.76 million w/w to close at USD34.22...

TUE, JUNE 27 2023-theGBJournal |The local bourse extended yesterday’s positive performance, driven by renewed interest in MTNN (+2.8%). Thus, the All-Share Index advanced by...

SAT, JUNE 24 2023-theGBJournal |The naira depreciated further by 13.9% to end Friday's trading at N770.17/USD at the I&E window (IEW). Midweek, the local...

THUR, JUNE 22 2023-theGBJournal |Sentiments remained positive in the local bourse following demand for FBNH (+4.4%) and GEREGU (+1.7%). Accordingly, the All-share Index advanced...