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Markets Wrap| Market participants sell off APR-2029 and MAR-2050 bonds, NGX...

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WED 24 NOV, 2021-theGBJournal- Trading in the Treasury bond secondary market was mixed, although with a bearish tilt, as the average yield expanded slightly...

Markets Wrap| Equities market sentiment positive with month-to-date return unchanged at...

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TUE 23 NOV, 2021-theGBJournal- The Nigerian equities market traded with mixed sentiments as a loss in INTBREW (-2.7%) offset gains in ACCESS (+1.7%). Thus,...

Markets Wrap: NGX All-Share Index was higher by 0.1% to begin...

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MON 22 NOV, 2021-theGBJournal- Trading at the domestic bourse began the week positively, driven by investors’ demand for FBNH (+6.5%) and ZENITHBANK (+1.3%) shares....

Markets: Average yield contracts -1bp at the short end on investors’...

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THUR 18 NOV, 2021-theGBJournal- Trading in the Treasury bills secondary market was bullish as the average yield contracted by 3bps to 5.2%. Across the...

Markets Wrap: Treasury bond closed flat at 11.2% as investors await...

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WED 17 NOV, 2021-theGBJournal- Trading in the Treasury bond secondary market was also quite as investors await the result of today’s primary auction. Thus,...

Markets Wrap: NTB secondary market trades bullish, overnight lending rate contracts...

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MON 15 NOV, 2021-theGBJournal- The NTB secondary market traded quietly, albeit with bullish bias, as the average yield pared by 1bp to 5.2%. Across...

fx Watch: Gross reserves down by US$167.67 million w/w to US$41.53...

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SAT 13 NOV, 2021-theGBJournal- Nigeria’s FX reserve sustained its decline as the CBN stepped up its interventions in the FX market. Thus, the gross...

Markets Wrap: Overnight lending rate shrinks by 133bps to 2.0%, Treasury...

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THUR 11 NOV, 2021-theGBJournal- The overnight lending rate contracted by 133bps to 2.0% in the absence of any significant funding pressures on the system. Trading...

Markets Wrap: NTB ends day at 5.3% after a quiet day...

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TUE 09 NOV, 2021-theGBJournal- The NTB secondary market was quiet, though with a bearish bias, as the average yield expanded slightly by 1bp to...

Markets Wrap: NTB secondary market traded mixed with focus on 290DTM...

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MON 08 NOV 2021-theGBJournal- The overnight lending rate contracted by 713bps to 5.3% in the absence of any significant funding pressure on the system. The...