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Markets Wrap: Naira moves lower again against US Dollar, Treasury bond...

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THUR 16 SEPT, 2021-theGBJournal-The naira depreciated by 0.2% and 0.5% to NGN413.07/USD and NGN565.00/USD at the I&E window and parallel market, respectively. At the Money...

Markets Wrap: Naira drops 0.9% to N562.00/$, Bonds average yield expands...

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WED 15 SEPT, 2021-theGBJournal- The naira was flat at NGN412.06/USD at the I&E window but depreciated by 0.9% to NGN562.00/USD in the parallel market. The...

Exchange rate stabilises at IEW but goes wild at the parallel...

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WED 15 SEPT, 2021-theGBJournal- Since the last Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) in July, the Investors and Exporters Window (IEW)...

Markets Wrap: Naira drops another 1.3% to N557.00/$, Treasury bond secondary...

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TUE 14 SEPT, 2021-theGBJournal- The naira appreciated by 0.2% to NGN412.08/USD at the I&E window but depreciated by 1.3% to NGN557.00/USD in the parallel...

Markets Wrap: Bond average yield expands by 1bp to 11.1% ...

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MON 13 SEPT, 2021-theGBJournal- The naira depreciated by 0.2% and 0.7% to NGN412.75/USD and NGN549.00/USD at the I&E window and parallel market, respectively. At the...

FX Watch: Nigeria’s FX reserves close higher by $441.63 million w/w...

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SAT 11 SEPT, 2021-theGBJournal- The accretion to Nigeria's FX reserves was sustained for the second consecutive week, as it closed higher by USD441.63 million...

Markets Brief: Naira collapses to N540.00/$, Treasury bond secondary market trades...

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THUR 09 SEPT, 2021-theGBJournal- The naira stayed flat at NGN411.67/USD at the I&E window but depreciated by 0.9% to NGN540.00/USD in the parallel market. The...

Markets Brief: Overnight lending rate contracts by 125bps to 7.3%, following...

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TUE 07 SEPT, 2021-theGBJournal- The naira appreciated by 0.1% to NGN410.67/USD at the I&E window but stayed flat at NGN532.00/USD in the parallel market. At...

FX Brief: Turnover at I&E window touches US$926.51 million wtd, FX...

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SAT 04 SEPT, 2021-theGBJournal- Nigeria’s FX reserve sustained its weekly accretion closing higher by USD438.35 million w/w to settle at USD34.10 billion (1st September...

Markets Brief: Naira depreciates further by 0.4% to N530.00/$, Treasury bond...

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THUR 02 SEPT, 2021-theGBJournal- The overnight lending rate contracted by 17bps to 4.8% in the absence of any significant funding pressures on the system. Trading...