Tag: naira
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...
Fx Watch| FX reserve drops $1.78 million w/w to $40.52 billion,...
SAT 08 JAN, 2022-theGBJournal- Nigeria’s FX reserve sustained its descent, as it declined by USD1.78 million w/w to USD40.52 billion (5th January 2022).
Meanwhile,...
Markets Wrap| Bonds yield expands 2bps to 11.4%, secondary market was...
TUE 04 JAN, 2022-theGBJournal- The naira appreciated by 2.9% to NGN422.67/USD at the I&E window.
At the money market, the overnight lending rate contracted by...
fx Watch| Nigeria’s FX reserve closed lower by $61.41 million w/w...
SAT 01 JAN, 2022-theGBJournal- Nigeria’s FX reserve sustained its decline as the Central Bank of Nigeria (CBN) maintained its interventions in the FX market....
Markets Wrap| Treasury bond was mixed, as the average yield pared...
THUR 30 DEC, 2021-theGBJournal- The overnight lending rate contracted by 25bps to 11.3% in the absence of any significant funding pressures on the system.
The...
Markets Wrap| NGX kicks off the trading week in red, bond...
WED 29 DEC, 2021-theGBJournal- The local bourse kicked off the trading week with negative sentiments as investors took profit off BUACEMENT (-10.0%).
The All-Share...
Fx Watch| Nigeria’s gross reserves closed lower by $69.31 million w/w,...
SAT 25 DEC, 2021-theGBJournal- Nigeria’s FX reserve sustained its decline as the Central Bank of Nigeria (CBN) maintained its interventions in the FX market....
