Tag: naira

WED 17 NOV, 2021-theGBJournal- Trading in the Treasury bond secondary market was also quite as investors await the result of today’s primary auction. Thus,...

MON 15 NOV, 2021-theGBJournal- The NTB secondary market traded quietly, albeit with bullish bias, as the average yield pared by 1bp to 5.2%. Across...

SAT 13 NOV, 2021-theGBJournal- Nigeria’s FX reserve sustained its decline as the CBN stepped up its interventions in the FX market. Thus, the gross...

THUR 11 NOV, 2021-theGBJournal- The overnight lending rate contracted by 133bps to 2.0% in the absence of any significant funding pressures on the system. Trading...

TUE 09 NOV, 2021-theGBJournal- The NTB secondary market was quiet, though with a bearish bias, as the average yield expanded slightly by 1bp to...

MON 08 NOV 2021-theGBJournal- The overnight lending rate contracted by 713bps to 5.3% in the absence of any significant funding pressure on the system. The...

SAT 06 NOV, 2021- theGBJournal- Nigeria's FX reserves snapped its ten consecutive weeks of accretion as it closed lower by USD102.20 million w/w, to...

SAT 30 OCT, 2021-theGBJournal- The accretion to Nigeria’s FX reserves continued this week following the inflows from IMF SDR and FCY borrowings. Precisely, the...

TUE 26 OCT, 2021-theGBJournal- The overnight lending rate contracted by 75bps to 12.3%, following inflows from OMO maturities (NGN93.00 billion). The NTB secondary market closed...

MON 25 OCT, 2021-theGBJournal- The Treasury bond secondary market was bullish, as the average yield contracted slightly by 3bps to 11.3%. Across the benchmark...