Tag: naira

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...

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...

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...

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,...

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....

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...

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,...

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...

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...

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...