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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...

Markets Wrap: Local currency unchanged at N505/US$, bond secondary market was...

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MON 12 JULY, 2021-theGBJournal- The naira appreciated by 0.1% to NGN411.50 at the I&E window but stayed flat at NGN505.00/USD in the parallel market. At...

FX Brief: Nigeria’s reserves drops $113.15 million w/w to $33.12 billion,...

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SAT 10 JULY, 2021-theGBJournal- Nigeria’s Foreign Exchange reserves sustained its decline, dipping USD113.15 million w/w to USD33.12 billion (6th July 2021). Meanwhile, the naira depreciated...

Markets Wrap: Overnight lending rate expands to 11.8% on N17 billion...

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… Treasury Bill average yield expands to 11.5% THUR 08 JULY, 2021-theGBJournal- The naira appreciated by 0.1% to NGN411.25/USD at the I&E window but stayed...

Markets Wrap: Naira trades flat at N503/US$, bond average yield expands...

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WED 07 JULY, 2021-theGBJournal- The naira was flat at NGN411.45/USD and NGN503.00/USD at the I&E window and parallel market, respectively. The overnight lending rate expanded...

Markets Wrap: Bond average yield opens week flat at 11.5%, Naira...

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MON 05 JULY, 2021-theGBJournal- The naira was flat at NGN411.13/USD and NGN503.00/USD at the I&E window and parallel market, respectively. Meanwhile at the Money and...

FX Watch: Nigeria’s FX reserves dips by US$196.31 million w/w to...

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SAT 03 JULY, 2021-theGBJournal- Nigeria’s FX reserves sustained its decline, dipping USD196.31 million w/w to USD33.32 billion  as at 30th June 2021. Meanwhile, the naira...

Markets Wrap: Treasury bond ticks lower, trading at 6.6%, NTB secondary...

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MON 28 JUNE, 2021-theGBJournal- The naira appreciated by 0.1% to NGN411.28/USD at the I&E window but depreciated by 0.4% to NGN502.00/USD in the parallel...

FX Watch: Local currency ends week in deficit as Nigeria’s foreign...

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SAT 26 JUNE, 2021-theGBJournal- Nigeria’s FX reserves sustained its decline, dipping USD215.62 million w/w to USD33.55 billion (24th June 2021), the lowest in 13...