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Markets Wrap: Naira falls 0.2% to N411.67/USD at I&E window, Treasury...

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MON 16 AUG, 2021-theGBJournal- The naira depreciated by 0.2% to NGN411.67/USD at the I&E window but remained flat at NGN515.00/USD at the parallel market. The...

Markets Brief: Naira closes N515.00/US$ in the parallel market, equities stay...

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THUR 12 AUG, 2021-theGBJournal- The Nigerian equities market remained in positive territory as late interests in GTCO (+1.1%) led the All-Share Index to close...

Markets Brief: Bond yield contracts at the mid, long segments following...

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TUE 10 AUG, 2021-theGBJournal- The overnight lending rate contracted by 25bps to 13.5%, following inflows from OMO maturities (NGN80.00 billion). The NTB secondary market closed...

Markets Brief: Bond average yield unchanged at 11.9%, Naira gains 0.4%...

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WED 04 AUG, 2021-theGBJournal- The naira was flat at NGN411.50/USD at the I&E window but appreciated by 0.4% to NGN506.00/USD in the parallel market. The...

Markets Brief: Naira drops 3.5% to N522/US$ in response to BDC...

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WED 28 JULY, 2021-theGBJournal-The naira was flat at NGN411.60/USD at the I&E window but depreciated by 3.5% to NGN522.00/USD in the parallel market in...

FX Watch: Nigeria’s FX reserves records its highest weekly accretion in...

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SAT 24 JULY, 2021-theGBJournal- Nigeria’s FX reserves recorded its highest weekly accretion in twenty-five weeks, as the gross reserves position increased by USD53.48 million...

Markets Wrap: Bonds average yield pars by 2bps to 12%, Overnight...

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MON 19 JULY, 2021-theGBJournal-The naira depreciated by 0.3% to NGN411.67/USD at the I&E window but appreciated by 0.2% to NGN505.00/USD in the parallel market. The...

FX Watch: Foreign reserves at US$33.10 billion after a slight drop,...

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SAT 17 JULY, 2021-theGBJournal- Nigeria’s FX reserves declined marginally by USD17.05 million w/w to USD33.10 billion (as of 14th July 2021). Meanwhile, the naira...

Markets Wrap: Treasury bonds gains 25bps to 11.4%, Naira stays unchanged,...

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THUR 15 JULY, 2021-theGBJournal-The overnight lending rate contracted by 725bps to 7.3%, following inflows from the maturing JUL-2021 bond (NGN561.05 billion) and FGN bond...

Markets Wrap: Naira flat, overnight lending rate expanded by 400bps to...

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TUE 13 JULY, 2021-theGBJournal- Trading in the Treasury bond secondary market was bearish, as the average yield expanded by 11bps to 11.6%. Across the...