Tag: naira

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...

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...