Tag: naira

THUR 18 MARCH, 2021-theGBJournal- The naira appreciated slightly at the I&E window by 2bps to NGN409.67/USD but stayed flat at NGN485.00/USD in the parallel...

TUE 16 MARCH, 2021-theGBJournal- The naira depreciated by 0.2% to NGN409.75/USD at the I&E window but remained flat at NGN485.00/USD in the parallel market. The...

By Audrey Lotechukwu MON 15 MARCH, 2021-theGBJournal- It may seem tempting to assume that the Central Bank of Nigeria’s (CBN) has written a totally perfect...

SAT, MARCH 13 2021-theG&BJournal-Nigeria’s FX reserves position sustained its decline, as outflows from the reserves outstripped inflows. Thus, it dipped by USD176.57 million w/w...

THUR 11 MARCH, 2021-theGBJournal- Trading at the domestic equities market turned negative today, following sell-offs of DANGCEM (-3.5%). Consequently, the benchmark index declined by...

TUE 09 MARCH, 2021-theGBJournal- The overnight lending rate declined by 25bps to 11.5%, following inflows into the system from OMO maturities (NGN60.00 billion). The NTB...

MON 08 MARCH, 2021-theGBJournal- The local bourse started the week on a positive note, with the market snapping four-day consecutive days of decline, as...

THUR 04 MARCH, 2021-theGBJournal- The domestic equities market extended its loss for the third consecutive day, as investors sold off on NB (-3.9%), DANGSUGAR...

TUES 02 MARCH, 2021-theGBJournal- The local bourse dipped Tuesday after starting the month with a rally. The bourse was dragged by investors selling off on...

...Naira gains at the I&E window by 0.3% MON 01 MARCH, 2021-theGBJournal- Nigerian stocks started the new month higher, as bargain buying on BUACEMENT (+3.8%),...