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Markets Wrap| NGX kicks off the trading week in red, bond...

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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,...

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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....

Markets Wrap| NGX All-Share Index slides 1bps on sell-offs, Treasury bond...

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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,...

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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%...

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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...

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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...

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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,...

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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...

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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...

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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...