Tag: naira

TUE 19 APRIL, 2022-theGBJournal | Activities in the Nigerian equities market picked from where they left off last week, closing higher on gains in...

FRI 15 APRIL, 2022-theGBJournal | Nigeria’s FX reserves increased by $53.48 million w/w to $39.71 billion (12th April 2022). Meanwhile, the naira depreciated both...

MON 11 APRIL, 2022-theGBJournal |Trading activities in the domestic bourse started this week on a positive note, supported by investors’ demand for MTNN (+1.2%)...

SAT 09 APRIL, 2022-theGBJournal|  Nigeria’s FX reserves increased by USD84.25 million w/w to USD39.63 billion (6th April 2022). Given inflows from the recently issued...

TUE 05 APRIL, 2022-theGBJournal| n today’s trading session, bullish sentiments resurfaced in the domestic bourse, as bargain hunting in Tier-1 banking names — ZENITHBANK...

MON 04 APRIL, 2022-theGBJournal| Trading in the Treasury bills secondary market was mixed, albeit with a bullish tilt, as the average yield declined by...

SAT 02 APRIL, 2022-theGBJournal| Nigeria’s FX reserve recorded its first accretion in four weeks as it increased by USD21.11 million w/w to USD39.55 billion...

SAT 02 APRIL, 2022-theGBJournal| The overnight (OVN) rate expanded by 450bps, w/w, to 10.7%. During the week, the OVN remained depressed as system liquidity...

THUR 31 MARCH, 2022-theGBJournal| The overnight lending rate contracted by 33bps to 5.0%, despite debits for net NTB issuances (NGN30.90 billion). Activities in the Treasury...

MON 28 MARCH, 2022-theGBJournal| The overnight lending rate contracted by 117bps to 5.0% in the absence of any significant funding pressure on the system. Activities...