Tag: naira
FX WATCH: Reserves down by $132.06 million w/w amid weak portfolio...
SAT, 19 DEC, 2020-theGBJournal- Nigeria’s FX reserves decreased by $132.06 million w/w to $34.84 billion, as outflows for CBN’s interventions across the various FX...
MARKETS: Treasury bonds contracted slightly by 12bps to 5.0%, naira weakens...
WED, 16 DEC, 2020-theGBJournal- The overnight lending rate contracted by 2bps to 0.9%, in the absence of any significant outflows from the system.
The NTB...
Treasury markets stay subdued as average bond yield expanded by 34bps...
MON, 14 DEC, 2020-theGBJournal- The Treasury bonds secondary market was also bearish, as average yield expanded by 34bps to 5.0%. Across the curve, average...
FX WATCH: FX reserves dips again by $197.84 million w/w, Naira...
SAT, 12 DEC, 2020-theGBJournal- Nigeria’s FX reserves sustained its descent, declining by USD197.84 million w/w to USD35.01 billion, as the outflows for the CBN’s...
MARKETS WRAP: Bears keep treasury bonds market weak as average yield...
THUR, 10 DEC, 2020-theGBJournal- The Treasury bonds secondary market remained bearish, as average yield expanded by 7bps to 4.3%. Across the curve, average yield...
Naira devaluation as false economics
By ISSA Aremu
THUR, 10 DEC, 2020-theGBJournal- After decades long of word counts and verbal exchanges on Naira devaluation and “oil subsidy removal,” yours...
MARKETS: Treasury yields expand 14bps to 4.3% as investors take profit...
WED, 09 DEC, 2020-theGBJournal- The Treasury bonds secondary market remained bearish, as average yield expanded by 14bps to 4.3%.
Across the curve, average yield...
Profit-taking persists in the treasury bonds market as average yield expands...
TUE, 08 DEC, 2020-theGBJournal- The Treasury bonds secondary market remained bearish following Monday’s bearish sentiments.
Average yield expanded by 11bps to 4.1% and across the...
Labour drums support for CBN over naira value
By Audrey Lotechukwu
MON, 07 DEC, 2020-theGBJournal- Organized labour has commended the recent measures of Central Bank of Nigeria (CBN) aimed at shoring up the...
FX WATCH: FX reserves depleted again by $115.83 million w/w, Naira...
SAT, 05 DEC, 2020-theGBJournal- Nigeria’s FX reserves continued its descent, as the gross reserves position declined by USD115.83 million w/w to USD35.30 billion. This...





