Tag: naira

SAT 23 OCT, 2021-theGBJournal- Nigeria’s FX reserves continues to reflect the inflows from IMF SDR and FCY borrowings as it sustained its weekly accretion...

THUR 21 OCT, 2021-theGBJournal- The overnight lending rate expanded by 50bps to 15.5% in the absence of significant inflows into the system. The NTB secondary...

WED 20 OCT, 2021-theGBJournal- The overnight lending rate contracted by 50bps to 15.0% in the absence of any significant funding pressures on the system. Trading...

MON 18 OCT, 2021-theGBJournal- The overnight lending rate contracted by 450bps to 15.5% in the absence of any significant funding pressures on the system. Trading...

SAT 16 OCT, 2021-theGBJournal- Nigeria’s FX reserves sustained its weekly accretion, as the gross reserve position closed higher by USD1.03 billion w/w to USD39.42...

THUR 14 OCT, 2021-theGBJournal- The overnight lending rate expanded by 325bps to 11.3%, following outflows for net NTB issuances (NGN65.57 billion). Trading in the NTB...

MON 11 OCT, 2021-theGBJournal- Trading in the NTB secondary market was mixed, albeit with bullish bias, as the average yield pared by 2bps to...

SAT 09 OCT, 2021-theGBJournal- Nigeria’s FX reserves sustained its weekly accretion, as the gross reserve position closed higher by USD1.20 billion w/w to USD37.99...

WED 06 OCT, 2021-theGBJournal- The Treasury bond secondary market was also mixed with a bearish tilt, as the average yield expanded by 4bps to...

TUE 05 OCT, 2021-theGBJournal- The Treasury bond secondary market turned bearish, as the average yield expanded slightly by 3bps to 11.1%. Across the benchmark...