Tag: naira

WED 09 FEB, 2022-theGBJournal- The overnight lending rate declined by 242bps to 2.8% in the absence of any significant funding pressure on the system. Trading...

TUE 08 FEB, 2022-theGBJournal- The Treasury bills secondary market traded with bullish sentiments, as the average yield declined by 7bps to 4.3%. Across the...

MON 07 FEB, 2022-theGBJournal- The Nigerian equities market started the week’s trading on a negative note as profit-taking witnessed in MTN (-0.7%) caused a...

SAT 05 FEB, 2022-theGBJournal- The Nigerian equities market mirrored the bullish trend across global stocks, as investors continued to cherry-pick stocks with attractive dividend...

SAT 05 FEB, 2022-theGBJournal- Nigeria's FX reserves sustained its descent as it closed lower by USD136.84 million w/w, to USD39.98 billion (3rd February 2022)....

THUR 03 FEB, 2022-theGBJournal- The overnight lending rate contracted by 25bps to 1.0%, in the absence of any significant funding pressures on the system. The...

SAT 29 JAN, 2022-theGBJournal- Nigeria’s FX reserve sustained its descent for the twelfth consecutive week, declining by USD163.80 million to USD40.15 billion (27th January...

THUR 27 JAN, 2022-theGBJournal- The NTB secondary market traded with mixed sentiments, albeit with bullish bias, as the average yield pared by 1bp to...

…In Africa, the big changes from higher oil and our updated Real Effective Exchange Rate (REER) model are in Nigeria and Angola, writes Charlie...

TUE 25 JAN, 2022-theGBJournal- Trading in the local bourse edged a positive performance in today’s session, as the All-Share Index notched a 2bps gain...