Tag: parallel market
Markets Wrap: Treasury bonds gains 25bps to 11.4%, Naira stays unchanged,...
THUR 15 JULY, 2021-theGBJournal-The overnight lending rate contracted by 725bps to 7.3%, following inflows from the maturing JUL-2021 bond (NGN561.05 billion) and FGN bond...
Markets Wrap: Naira trades flat at N503/US$, bond average yield expands...
WED 07 JULY, 2021-theGBJournal- The naira was flat at NGN411.45/USD and NGN503.00/USD at the I&E window and parallel market, respectively.
The overnight lending rate expanded...
FX Watch: Nigeria’s FX reserves dips by US$196.31 million w/w to...
SAT 03 JULY, 2021-theGBJournal- Nigeria’s FX reserves sustained its decline, dipping USD196.31 million w/w to USD33.32 billion as at 30th June 2021.
Meanwhile, the naira...
Markets Wrap: Treasury bond ticks lower, trading at 6.6%, NTB secondary...
MON 28 JUNE, 2021-theGBJournal- The naira appreciated by 0.1% to NGN411.28/USD at the I&E window but depreciated by 0.4% to NGN502.00/USD in the parallel...
FX Watch: Local currency ends week in deficit as Nigeria’s foreign...
SAT 26 JUNE, 2021-theGBJournal- Nigeria’s FX reserves sustained its decline, dipping USD215.62 million w/w to USD33.55 billion (24th June 2021), the lowest in 13...
FX WATCH: Foreign exchange reserves fall to lowest level since November...
SAT 12 JUNE, 2021-theGBJournal- Nigeria’s foreign exchange reserves sustained its decline, dipping USD122.75 million w/w to USD34.05 billion (9th June 2021) – the lowest...
Markets Wrap: NGX All-Share Index up by 0.5% to 38,881.70 points...
TUE 08 JUNE, 2021-theGBJournal- Sentiments in the domestic bourse turned positive as the All-Share Index advanced by 0.5% to 38,881.70 points, largely driven by...
Markets Wrap: Profit taking in Bua Cement drags equities down 0.7%,...
TUE 18 MAY, 2021-theGBJournal- Trading in the domestic equities market was positive for most of the day; however, profit-taking in BUACEMENT (-5.7%) dragged the...
Weekly FX Watch: Nigeria’s FX reserves depleted again by US$173.24 million...
SAT 08 MAY, 2021-theGBJournal- Nigeria’s FX reserves position sustained its decline, as outflows from the reserves outstripped inflows. Thus, it dipped by USD173.24 million...
Markets Wrap: Sell-offs keep pressure on equities as All-Share Index falls...
TUE 04 MAY, 2021-theGBJournal- Activities in the domestic bourse kicked off the week and month in the bear territory, as investors’ sell-offs of WAPCO...
