Tag: naira
Markets Wrap: Bond average yield expands by 1bp to 11.1% ...
MON 13 SEPT, 2021-theGBJournal- The naira depreciated by 0.2% and 0.7% to NGN412.75/USD and NGN549.00/USD at the I&E window and parallel market, respectively.
At the...
FX Watch: Nigeria’s FX reserves close higher by $441.63 million w/w...
SAT 11 SEPT, 2021-theGBJournal- The accretion to Nigeria's FX reserves was sustained for the second consecutive week, as it closed higher by USD441.63 million...
Markets Brief: Naira collapses to N540.00/$, Treasury bond secondary market trades...
THUR 09 SEPT, 2021-theGBJournal- The naira stayed flat at NGN411.67/USD at the I&E window but depreciated by 0.9% to NGN540.00/USD in the parallel market.
The...
Markets Brief: Overnight lending rate contracts by 125bps to 7.3%, following...
TUE 07 SEPT, 2021-theGBJournal- The naira appreciated by 0.1% to NGN410.67/USD at the I&E window but stayed flat at NGN532.00/USD in the parallel market.
At...
FX Brief: Turnover at I&E window touches US$926.51 million wtd, FX...
SAT 04 SEPT, 2021-theGBJournal- Nigeria’s FX reserve sustained its weekly accretion closing higher by USD438.35 million w/w to settle at USD34.10 billion (1st September...
Markets Brief: Naira depreciates further by 0.4% to N530.00/$, Treasury bond...
THUR 02 SEPT, 2021-theGBJournal- The overnight lending rate contracted by 17bps to 4.8% in the absence of any significant funding pressures on the system.
Trading...
FX Watch: Nigeria’s FX reserve declines again by $15.44 million w/w...
SAT 28 AUG, 2021-theGBJournal- Nigeria’s FX reserve declined for the second consecutive week, as it fell by USD15.44 million w/w to USD33.48 billion (25th...
Markets Brief: Naira closes at N522.00/$ at parallel market, T-Bills yield...
THUR 26 AUG, 2021-theGBJournal- The naira appreciated by 0.3% to NGN410.88/USD at the I&E window but depreciated by 0.2% to NGN522.00/USD at the parallel...
Markets Brief: Domestic bourse extend loses, overnight lending rate drops 633bps...
MON 23 AUG, 2021-theGBJournal- Trading in the domestic bourse carried on last week's bearish performance, as selloffs in WAPCO (-5.3%) and UBN (-3.8%) triggered...
Markets Wrap: Naira trades N520.00/$ at the parallel market, NGX ASI...
THUR 19 AUG, 2021-theGBJournal- Trading in the local bourse was negative for most of the day; however, late demand for bellwether stock — MTNN...
