Tag: naira
Fx Watch| Nigeria’s FX reserves swells by US$118.47 w/w, I&E window...
SAT, 18 JUNE, 2022-theGBJournal| Nigeria’s FX reserves increased for the second consecutive week by USD118.47 million w/w to USD38.66 billion (16 June). Across the...
Markets Wrap| T-bills trades bearish ending day 35bps to 4.5%, bond...
TUE, 14 JUNE, 2022-theGBJournal| The overnight lending rate was unchanged at 14.0% Tuesday, despite the inflow from OMO maturities (N20 billion).
Trading in the Treasury...
fx Watch| Nigeria’s FX reserve post first gain in five weeks,...
SAT, 11 JUNE, 2022-theGBJournal| This week, Nigeria’s FX reserve recorded its first reserve accretion in five weeks as the reserves increased by USD56.35 million...
Markets Wrap| NGX All-Share Index slips by 0.14%, T-Bills average yield...
WED, 08 JUNE, 2022-theGBJournal| In today’s trading session, bearish sentiments returned to the domestic equities market as investors took profits off FBNH (-5.5%). Precisely,...
Markets Wrap| Naira falls further to N420.75/$, bond yield expands to...
TUE, 07 JUNE, 2022-theGBJournal| The naira depreciated by 0.1% to NGN420.75/USD at the I&E window.
The overnight lending rate expanded by 42bps to 7.5%, in...
Markets Wrap| Treasury bills yield expands by 2bps to 4% after...
MON, 06 JUNE, 2022-theGBJournal| Trading in the Treasury bills secondary market was bearish, as the average yield expanded by 2bps to 4.0%.
Across the...
FX Watch| Naira gains 0.7% to N606/$, fx reserves drops $58.90...
SAT, 04 JUNE, 2022-theGBJournal| Nigeria’s FX reserve sustained its descent for the fifth consecutive week, decreasing to its lowest level since 8th October 2021....
Average yield dips 4bps to 11.1% as investors demand Jan-2026 Apr-2029...
WED, 01 JUNE, 2022-theGBJournal| The overnight lending rate contracted by 333bps to 7.0%, in the absence of any significant inflow into the system.
The Treasury...
fx Watch| Naira ends week 0.7% down to N610/$ and Nigeria’s...
SAT, 28 MAY, 2022-theGBJournal| Nigeria’s FX reserves decreased by USD125.53 million w/w to USD38.63 billion (24 May 2022). Across the FX windows, the naira...
fx Watch| Naira ends week at N606/$, Nigeria’s FX reserve declines...
SAT, 21 MAY, 2022-theGBJournal | Nigeria’s FX reserve sustained its descent for the third consecutive week, as it fell to its lowest level since...
