Tag: naira
fx Watch| Nigeria’s FX reserve drops $163.80 million to $40.15 billion
SAT 29 JAN, 2022-theGBJournal- Nigeria’s FX reserve sustained its descent for the twelfth consecutive week, declining by USD163.80 million to USD40.15 billion (27th January...
Markets Wrap| T-Bills yield pares by 1bp to 4.4%, bonds yield...
THUR 27 JAN, 2022-theGBJournal- The NTB secondary market traded with mixed sentiments, albeit with bullish bias, as the average yield pared by 1bp to...
Quick Take| With oil at $80 expect the naira to reach...
…In Africa, the big changes from higher oil and our updated Real Effective Exchange Rate (REER) model are in Nigeria and Angola, writes Charlie...
Markets Wrap| All-Share Index bounce 2bps amid investors’ interest in ETI,...
TUE 25 JAN, 2022-theGBJournal- Trading in the local bourse edged a positive performance in today’s session, as the All-Share Index notched a 2bps gain...
Markets Wrap| SEPLAT the most traded stock by value at N797.37million...
MON 24 JAN, 2022-theGBJournal- The Nigerian equities market started the week’s trading on a negative note, as profit-taking witnessed in FBNH (-1.7%) and ZENITHBANK...
Markets Wrap| Foreign investors’ buying interest in AIRTELAFRI stock propels...
WED 19 JAN, 2022-theGBJournal- The domestic bourse sustained yesterday’s positive trading, as the All-Share Index advanced by 1.7% to 45,430.14 points. Today’s performance was...
Markets Wrap| NGX All-Share Index bounce by 0.6% as short and...
TUE 18 JAN, 2022-theGBJournal- The local bourse reversed yesterday’s loss, closing higher on bargain buying in BUACEMENT (+2.0%) and BUAFOODS (+4.2%) stocks. Thus, the...
Markets Wrap|T-Bills average yield flat at 4.4%, Bonds yield down 2bps...
MON 17 JAN, 2022-theGBJournal- At NTB segment of the treasury bills secondary market, trading ended quietly, as the average yield was unchanged at 4.4%....
Equities| Sell-offs of CUSTODIAN and STANBIC stocks push NGX All-Share Index...
THUR 13 JAN, 2022-theGBJournal- The local bourse traded with mixed sentiments as the sell-offs of CUSTODIAN (-9.5%) and STANBIC (-0.8%) offset investors’ interest in...
Markets Wrap| Bond yield falls 3bps to 11.4% after bullish trade,...
THUR 13 JAN, 2022-theGBJournal- Trading in the Treasury bond secondary market was bullish, as the average yield declined by 3bps to 11.4%. Across the...
