Tag: naira
Markets Wrap: Investors sell off Feb-2028 and Mar-2035 bonds, T-Bills average...
MON 06 DEC, 2021-theGBJournal- Trading in the Treasury bond secondary market was bearish, as the average yield expanded by 9bps to 11.4%.
Across the...
Fx Watch| Nigeria’s gross reserves closes lower by $124.86 million w/w,...
SAT 04 DEC, 2021-theGBJournal- Nigeria’s FX reserve declined for another week following efforts by the CBN to support the naira at the official channels....
Markets Wrap: Bears fed on stocks again sending NGX benchmark index...
WED 01 DEC, 2021-theGBJournal- Trading in the domestic equities market carried on yesterday’s bearish performance, as investors sold off MTNN (-10.0%). Precisely, the benchmark...
Markets Wrap: Bonds firmer by 1bp, overnight rate begins week at...
MON 29 NOV, 2021-theGBJournal- The overnight lending rate contracted by 42bps to 15.3% in the absence of significant funding pressures on the system.
The...
Fx Watch: Naira falls 2.3% w/w to N563/$, Nigeria’s gross fx...
SAT 27 NOV, 2021-theGBJournal- Nigeria’s FX reserve sustained its descent as the gross reserves closed lower by USD61.05 million w/w, to USD41.33 billion (24th...
Markets Wrap| NGX All-Share Index falls 0.3% as investors sell off...
THUR 25 NOV, 2021-theGBJournal- The local bourse dipped further into the bear territory as investors sold off NB (-5.1%) and SEPLAT (-3.6%). Thus, the...
Markets Wrap| Market participants sell off APR-2029 and MAR-2050 bonds, NGX...
WED 24 NOV, 2021-theGBJournal- Trading in the Treasury bond secondary market was mixed, although with a bearish tilt, as the average yield expanded slightly...
Markets Wrap| Equities market sentiment positive with month-to-date return unchanged at...
TUE 23 NOV, 2021-theGBJournal- The Nigerian equities market traded with mixed sentiments as a loss in INTBREW (-2.7%) offset gains in ACCESS (+1.7%).
Thus,...
Markets Wrap: NGX All-Share Index was higher by 0.1% to begin...
MON 22 NOV, 2021-theGBJournal- Trading at the domestic bourse began the week positively, driven by investors’ demand for FBNH (+6.5%) and ZENITHBANK (+1.3%) shares....
Markets: Average yield contracts -1bp at the short end on investors’...
THUR 18 NOV, 2021-theGBJournal- Trading in the Treasury bills secondary market was bullish as the average yield contracted by 3bps to 5.2%. Across the...
