Tag: naira

SAT 06 NOV, 2021- theGBJournal- Nigeria's FX reserves snapped its ten consecutive weeks of accretion as it closed lower by USD102.20 million w/w, to...

SAT 30 OCT, 2021-theGBJournal- The accretion to Nigeria’s FX reserves continued this week following the inflows from IMF SDR and FCY borrowings. Precisely, the...

TUE 26 OCT, 2021-theGBJournal- The overnight lending rate contracted by 75bps to 12.3%, following inflows from OMO maturities (NGN93.00 billion). The NTB secondary market closed...

MON 25 OCT, 2021-theGBJournal- The Treasury bond secondary market was bullish, as the average yield contracted slightly by 3bps to 11.3%. Across the benchmark...

SAT 23 OCT, 2021-theGBJournal- Nigeria’s FX reserves continues to reflect the inflows from IMF SDR and FCY borrowings as it sustained its weekly accretion...

THUR 21 OCT, 2021-theGBJournal- The overnight lending rate expanded by 50bps to 15.5% in the absence of significant inflows into the system. The NTB secondary...

WED 20 OCT, 2021-theGBJournal- The overnight lending rate contracted by 50bps to 15.0% in the absence of any significant funding pressures on the system. Trading...

MON 18 OCT, 2021-theGBJournal- The overnight lending rate contracted by 450bps to 15.5% in the absence of any significant funding pressures on the system. Trading...

SAT 16 OCT, 2021-theGBJournal- Nigeria’s FX reserves sustained its weekly accretion, as the gross reserve position closed higher by USD1.03 billion w/w to USD39.42...

THUR 14 OCT, 2021-theGBJournal- The overnight lending rate expanded by 325bps to 11.3%, following outflows for net NTB issuances (NGN65.57 billion). Trading in the NTB...