Tag: naira

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,...

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...

MON. 05 DEC, 2022-theGBJournal| Activities in the Treasury bills secondary market were mixed, albeit with a bullish tilt, as the average yield pared by...

SAT. 03 NOV, 2022-theGBJournal| Nigeria’s FX reserve recorded another decline for thirteen consecutive weeks, dipping by USD59.56 million w/w to USD37.11 billion (30 November)....

THURS. 01 DEC, 2022-theGBJournal| Activities in the NTB secondary market were bearish, as the average yield expanded by 181bps to 11.0%. Across the curve,...

WED. 30 NOV, 2022-theGBJournal| Sentiments in the local bourse turned positive as the All-Share Index inched higher by 0.7% to close at 47,660.04 points....

MON. 28 NOV, 2022-theGBJournal| The overnight lending rate expanded by 150bps to 14.1%, as the system liquidity settled lower at a net long position...

SAT. 26 NOV, 2022-theGBJournal| This week, Nigeria’s FX reserves declined by US$10.97 million w/w to US$37.18 billion (24 Nov), the lowest level since 30...

WED, 23 NOV, 2022-theGBJournal| President Muhammadu Buhari on Wednesday in Abuja launched the new Naira banknotes, expressing delight that the redesigned currencies are locally...

TUE, 22 NOV, 2022-theGBJournal| The NTB secondary market traded in a lull, as the average yield closed flat at 10.6%. Similarly, the average yield...