Tag: naira
Markets Wrap| Nigerian market close higher; DANGCEM and STANBIC stocks up,...
MON OCT 13 2025-theGBJournal| The Nigerian equities market closed higher on Monday, with DANGCEM (+1.7%) and STANBIC (+5.5%) stocks driving performance.
The benchmark Index rose...
Naira drops marginally as demand pressures resurface, gross FX reserves swells...
SAT OCT 11 2025-theGBJournal| The naira depreciated marginally this week by 7bps to N1,458.00/USD as demand pressures emerged.
Notably, we saw the Central Bank of...
Naira slides against dollar despite stronger FX inflows
TUE OCT 07 2025-theGBJournal| The naira weakened against the dollar on Monday as speculative activities returned to taunt the market.
The naira official FX rate...
Naira cruises to another weekly gain amid rising non-oil exports, gross...
SAT OCT 04 2025-theGBJournal| The naira rose this week by 1.4% w/w to N1,457.00/USD, driven by sustained inflows from both offshore investors and International...
Naira edges up against the dollar amid subdued foreign currency demand
THUR OCT 02 2025-theGBJournal| The naira was quoted around N1,478 to the dollar on the official market on Thursday before settling 0.8% stronger to...
Naira extends gain vs U.S dollar, its strongest appreciation in recent...
MON SEPT 29 2025-theGBJournal| The Naira rose 0.9% to NGN1,477/US$1 on Monday at the official foreign exchange market amid robust foreign portfolio inflows and...
Naira sheds 0.2% w/w despite US$70.00 million intervention by the Central...
SAT SEPT 27 2025-theGBJournal| The naira fell this week by 0.2% w/w to N1,490.00/USD, despite the US$70.00 million intervention by the Central Bank of...
Markets Wrap| Stocks dip for a third day as investors continue...
WED SEPT 24 2025-theGBJournal| The NGX All-Share Index fell 0.2% to 140,716.10 points on Wednesday as telecoms giant MTNN (-4.8%), JAIZBANK (-4.4%), and WAPIC...
Markets Wrap| NGX All-Share Index falls fueled by selloffs, Naira strengthens...
TUE SEPT 23 2025-theGBJournal| The Nigerian equities market traded lower Tuesday, fueled by selloffs in GTCO (-3.2%), WAPCO (-4.0%), DANGSUGAR (-10.0%) and ACCESSCORP (-5.0%).
The...
Naira extends rebound amidst fresh gross FX reserves surge
SAT SEPT 20 2025-theGBJournal| The naira rose this week, extending its rebound against the U.S dollar, as Nigeria's FX reserves extended its surge for...
