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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...

MARKETS: Buying interest sends Treasury bond down 4bps to 4.0%, equities...

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TUE, 17 NOV, 2020-theGBJournal-Trading in the NTB secondary market remained mixed, as activity in the market remains muted. Thus, the average yield closed flat...

MARKETS: Treasury bond average yield contracts by 1bp to 4.0%, Naira...

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…All-Share Index declines by 0.8% to 34,774.08 points MON, 16 NOV, 2020-theGBJournal- Trading in the Treasury bond secondary market was mixed, with bullish bias, as...

FX reserves decrease as CBN maintains support for currency, naira weakens...

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SAT, 14 NOV, 2020-theGBJournal-Nigeria’s FX reserves decreased by USD11.55 million w/w to USD35.63 billion, as the CBN maintained its support for the currency via...

MARKETS: Treasury bond yields expand following sell-offs, Naira depreciates 0.2% to...

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WED, 11 NOV, 2020-theGBJournal- The domestic equities market extended its gains for the fourth consecutive session, as the All-Share Index advanced by 1.9% to...

MARKETS: Interest in large caps propel All-Share Index to 32,243.05 points...

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…Naira gains at I&E Window, depreciates 0.2% to NGN465.00/USD in the parallel market MON, 09 NOV, 2020-theGBJournal- Trading in the domestic equities market opened the...

MARKETS: FX reserves drops by $36.05 million w/w, Treasury bond stays...

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SAT, 07 NOV, 2020-theGBJournal- Nigeria’s FX reserves decreased by USD36.05 million w/w to USD35.65 billion as outflows for CBN’s interventions across the various FX...