Tag: parallel market
Exchange rate stabilises at IEW but goes wild at the parallel...
WED 15 SEPT, 2021-theGBJournal- Since the last Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) in July, the Investors and Exporters Window (IEW)...
Markets Wrap: Bond average yield expands by 1bp to 11.1% ...
MON 13 SEPT, 2021-theGBJournal- The naira depreciated by 0.2% and 0.7% to NGN412.75/USD and NGN549.00/USD at the I&E window and parallel market, respectively.
At the...
FX Watch: Nigeria’s FX reserves close higher by $441.63 million w/w...
SAT 11 SEPT, 2021-theGBJournal- The accretion to Nigeria's FX reserves was sustained for the second consecutive week, as it closed higher by USD441.63 million...
FX Watch: Nigeria’s FX reserve declines again by $15.44 million w/w...
SAT 28 AUG, 2021-theGBJournal- Nigeria’s FX reserve declined for the second consecutive week, as it fell by USD15.44 million w/w to USD33.48 billion (25th...
Markets Wrap: Naira trades N520.00/$ at the parallel market, NGX ASI...
THUR 19 AUG, 2021-theGBJournal- Trading in the local bourse was negative for most of the day; however, late demand for bellwether stock — MTNN...
Markets Wrap: Naira falls 0.2% to N411.67/USD at I&E window, Treasury...
MON 16 AUG, 2021-theGBJournal- The naira depreciated by 0.2% to NGN411.67/USD at the I&E window but remained flat at NGN515.00/USD at the parallel market.
The...
Markets Brief: Naira closes N515.00/US$ in the parallel market, equities stay...
THUR 12 AUG, 2021-theGBJournal- The Nigerian equities market remained in positive territory as late interests in GTCO (+1.1%) led the All-Share Index to close...
Markets Brief: Bond yield contracts at the mid, long segments following...
TUE 10 AUG, 2021-theGBJournal- The overnight lending rate contracted by 25bps to 13.5%, following inflows from OMO maturities (NGN80.00 billion).
The NTB secondary market closed...
Markets Wrap: Bonds average yield pars by 2bps to 12%, Overnight...
MON 19 JULY, 2021-theGBJournal-The naira depreciated by 0.3% to NGN411.67/USD at the I&E window but appreciated by 0.2% to NGN505.00/USD in the parallel market.
The...
FX Watch: Foreign reserves at US$33.10 billion after a slight drop,...
SAT 17 JULY, 2021-theGBJournal- Nigeria’s FX reserves declined marginally by USD17.05 million w/w to USD33.10 billion (as of 14th July 2021).
Meanwhile, the naira...