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MARKETS: Treasury bonds expands by 12bps to 4.0% as bears persist,...

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THURS, 03 DEC, 2020-theGBJournal- The Treasury bonds secondary market remained bearish, as average yield expanded by 12bps to 4.0%. Across the curve, average yield...

MARKETS: Bonds yield contracts 7bps to 3.8% driven by demand for...

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TUE, 01 DEC, 2020-theGBJournal- The Treasury bonds secondary market remained bullish, as average yield contracted by 7bps to 3.8%. Across the curve, average yield...

FX WATCH: FX Reserves tumbles again by $40.05 million w/w as...

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SAT, 28 NOV, 2020-theGBJournal- Nigeria’s FX reserves declined by USD40.05 million w/w to USD35.45 billion, as the outflows for the CBN’s interventions across the...

MARKETS: Treasury bonds average yield stayed flat at 3.9% as interest...

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THUR, 26 NOV, 2020-theGBJournal-The Treasury bonds secondary market was mixed, albeit with a bearish tilt, as average yield was flat at 3.9%. Across the...

MARKETS: Treasury bonds yield contracts 7bps to 3.9% on profit taking,...

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WED, 25 NOV, 2020-theGBJournal- The Treasury bonds secondary market remained bullish, as the average yield contracted by 7bps to 3.9%. Across the curve, average...

MARKETS: Bond average yield declines across the curve, NTB secondary market...

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…Overnight lending rate contracts 119bps to 1.3% and …Naira closes flat at N483/$ at the parallel market TUE, 24 NOV, 2020-theGBJournal- The Treasury bonds secondary...

Treasury bonds secondary market held back by reduced liquidity as yield...

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…Naira gains 0.2% to NGN483.00/USD MON, 23 NOV, 2020-theGBJournal- The overnight lending rate contracted by 183bps to 2.5%, following inflows for FGN bond coupon payments...

FX WATCH: FX reserves declines by $95.82 million w/w to $35.51...

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SAT, 21 NOV, 2020-theGBJournal- Nigeria’s FX reserves decreased by USD95.82 million w/w to USD35.51 billion,  as the CBN maintained its support for the currency...

MARKETS: Equities retreat on profit taking on banking stocks, bond yield...

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THUR, 19 NOV, 2020-theGBJournal-Trading in the domestic bourse was bearish today, following profit taking on banking stocks - ZENITHBANK (-2.4%), STANBIC (-4.1%) and UBA...

MARKETS: Equities rally driven by interests in cement manufacturers, naira depreciates...

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WED, 18 NOV, 2020-theGBJournal-Sentiments in the local bourse turned positive today, as major interests in cement manufacturers, DANGCEM (+4.2%) and WAPCO (+9.6%), and NB...