Tag: naira
Bonds and Treasury Bills market opens year with bullish sentiments, OVN...
WED. 04 JANUARY, 2023-theGBJournal| The Treasury bill secondary market closed Tuesday with bullish sentiments, as the average yield contracted by 8bps to 5.3%.
Across...
Nigeria’s FX reserves gains $122.40 million w/w, Naira weakens 1.1% against...
SAT. 31 DEC, 2022-theGBJournal| Nigeria’s FX reserves recorded another accretion this week, increasing by US$122.40 million w/w to US$37.09 billion (29 December).
Meanwhile, the...
Treasury Bills yield ticks-up on profit-taking as bonds yield pars by...
THUR. 29 DEC, 2022-theGBJournal| Activities in the Nigerian Treasury bills secondary market turned bullish, as the average yield contracted by 8bps to 5.4%.
Across...
FX Watch|Nigeria’s FX reserves bounces back after 15 weeks of decline,...
SAT. 24 DEC, 2022-theGBJournal| After fifteen consecutive weeks of decline, Nigeria’s FX reserves increased by US$13.47 million to USD36.95 billion (22 December 2022).
Meanwhile,...
Yields contract at short and long ends as investors demand Jan-2026...
THUR. 22 DEC, 2022-theGBJournal| The NTB secondary market was bullish, as the average yield contracted by 19bps to 5.4%.
Across the curve, the average...
T-bills and bonds market in bullish trade as yield contracts 259bps...
WED. 21 DEC, 2022-theGBJournal| The naira depreciated by 0.8% to close at N456.33/USD at the I&E window.
At the money market, the overnight lending rate...
Markets| NGX All-Share Index extends gains 0.50%, underpinned by bargain hunters,...
FRI. 16 DEC, 2022-theGBJournal| Nigerian equities extended the bullish run as the benchmark index Thursday gained 0.50% to settle at 49,233.02 points, the highest...
Markets Watch|Interest in BuaCement triggers a 0.3% rise in NGX benchmark...
WED. 14 DEC, 2022-theGBJournal| Trading in the domestic equities market closed positively as interest in BUACEMENT (+2.9%) triggered a 0.3% increase in the benchmark...
Markets Wrap| NGX All-Share Index sheds 9bps following profit-taking in MTNN,...
TUE. 13 DEC, 2022-theGBJournal| Bearish sentiments returned to the Nigerian equities market in today’s trading as profit-taking in MTNN (-3.3%) undermined market performance.
Thus,...
FX Watch|Nigeria’s FX reserves falls by $112.75 million w/w, draging...
SAT. 10 DEC, 2022-theGBJournal| This week, Nigeria’s FX reserves remained pressured, declining by USD112.75 million w/w to USD36.96 billion (December 08).
As a result, the...
