Tag: naira
FX WATCH: FX reserves dip by $196.11 million w/w to $35.23...
SAT 27 FEB, 2021-theGBJournal- Nigeria's FX reserves dipped by USD196.11 million w/w to USD35.23 billion (23rd February 2021), as the outflows from the reserves...
MARKETS WRAP: All-Share Index rebounds by 3bps to close at 40,164.86...
TUE 23 FEB, 2021-theGBJournal- Trading in the local bourse ended the day mixed but with bullish bias, as the All-Share Index notched a 3bps...
MARKETS WRAP: Naira trades flat at N410.00/$, Treasury bonds yield expands...
MON 22 FEB, 2021-theGBJournal- The domestic equities market opened the week with negative trading, following profit-taking activities on WAPCO (-8.0%), FIDELITYBK (-3.2%) and UCAP...
FX WATCH: Nigeria’s FX reserves sustains decent, down again by .39...
SAT 20 FEB, 2021-theGBJournal- Nigeria’s FX reserves sustained its descent, as it dipped by USD177.39 million w/w to USD35.58 billion (16th February 2021).
The naira...
MARKETS WRAP: Benchmark index sheds 0.1% to end day at 40,465.32...
WED 17 FEB, 2021-theGBJournal-Profit taking continued today in the domestic equities market, with BUACEMENT (-1.8%), GUINNESS (-3.4%) and ACCESS (-1.8%) stocks weighing down the...
Cordros provides insight on why hike in OMO rates won’t sway...
WED 17 FEB, 2021-theGBJournal- In their 2021 domestic macroeconomic outlook report, Cordros Securities analysts projected that the CBN would adopt a combination of higher...
MARKETS WRAP: NSE ASI inched higher by 0.3% to 40,571.67 points,...
MON 15 FEB, 2021-theGBJournal- Trading in the domestic equities market started the week on a positive note, following buying interests in SEPLAT (+10.0%), WAPCO...
FX WATCH: Nigeria’s FX reserves falls again US$153.60 million w/w to...
SAT 13 FEB, 2021-theGBJournal- Nigeria’s FX reserves sustained its descent, as it dipped by USD153.60 million w/w to USD35.89 billion (9th February 2021).
Across...
Markets Wrap: Overnight lending rate spikes by 58bps to 5.8%, Treasury...
Naira stays flat at N400.00/$ at the I&E window
THUR 11 FEB, 2021-theGBJournal- The overnight lending rate increased by 58bps to 5.8%, following outflows for...
Markets Wrap: Benchmark index falls by 1.96% to 40,696.01 points, treasury...
WED 10 FEB, 2021-theGBJournal- Negative sentiments persisted in the domestic equities market, as the benchmark index fell by 1.96% to 40,696.01 points. The NSE...
