Tag: naira
Markets Wrap| NGX All-Share Index slides 1bps on sell-offs, Treasury bond...
TUE 21 DEC, 2021-theGBJournal- The local bourse edged a negative performance in today’s session, on sell-offs of ZENITHBNK (-0.8%) and ACCESS (-0.6%) triggered the...
Markets Wrap| Treasury bond bullish as average yield pared by 1bp,...
MON 13 DEC, 2021-theGBJournal- Trading at the Treasury bond secondary market ended the day mixed, albeit with a bullish tilt, as the average yield...
fx Watch| Nigeria’s FX reserve remains under pressure, Naira drops 1.2%...
SAT 11 DEC, 2021-theGBJournal- Nigeria’s FX reserve remained under pressure, declining by USD187.63 million to USD40.93 billion (8th December 2021) as the CBN continued...
Markets Wrap| Equities bounce 2bps after a days of losses, overnight...
TUE 07 DEC, 2021-theGBJournal- Trading in the local bourse edged a positive performance in today’s session, as the All-Share Index notched a 2bps gain...
Markets Wrap: Investors sell off Feb-2028 and Mar-2035 bonds, T-Bills average...
MON 06 DEC, 2021-theGBJournal- Trading in the Treasury bond secondary market was bearish, as the average yield expanded by 9bps to 11.4%.
Across the...
Fx Watch| Nigeria’s gross reserves closes lower by $124.86 million w/w,...
SAT 04 DEC, 2021-theGBJournal- Nigeria’s FX reserve declined for another week following efforts by the CBN to support the naira at the official channels....
Markets Wrap: Bears fed on stocks again sending NGX benchmark index...
WED 01 DEC, 2021-theGBJournal- Trading in the domestic equities market carried on yesterday’s bearish performance, as investors sold off MTNN (-10.0%). Precisely, the benchmark...
Markets Wrap: Bonds firmer by 1bp, overnight rate begins week at...
MON 29 NOV, 2021-theGBJournal- The overnight lending rate contracted by 42bps to 15.3% in the absence of significant funding pressures on the system.
The...
Fx Watch: Naira falls 2.3% w/w to N563/$, Nigeria’s gross fx...
SAT 27 NOV, 2021-theGBJournal- Nigeria’s FX reserve sustained its descent as the gross reserves closed lower by USD61.05 million w/w, to USD41.33 billion (24th...
Markets Wrap| NGX All-Share Index falls 0.3% as investors sell off...
THUR 25 NOV, 2021-theGBJournal- The local bourse dipped further into the bear territory as investors sold off NB (-5.1%) and SEPLAT (-3.6%). Thus, the...
