Tag: naira

THUR, 24 DEC, 2020-theGBJournal- Nigeria’s FX reserves recorded its first weekly accretion in eight weeks, as the gross reserves position increased by USD67.89 million...

…The local bourse records its seventh consecutive gain TUE, 22 DEC, 2020-theGBJournal- The naira weakened by 0.2% to NGN394.67/USD at the I&E window but appreciated...

…All-Share Index notched a 1.7% increase to 37,443.40 points to open the week MON, 21 DEC, 2020-theGBJournal- Activities at the Treasury bonds secondary market were...

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...

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...

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...

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...

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...

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...

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...