Tag: parallel market
MARKETS BRIEF: Treasury bonds stays bearish as average yield expands by...
…Equities sustain gains
TUE 12 JAN, 2021-theGBJournal- The Treasury bonds secondary market continued to trade with bearish sentiments, as the average yield expanded by 20bps...
FX WATCH: Nigeria’s FX reserves record first weekly accretion in eight...
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...
MARKETS: Treasury bonds contracted slightly by 12bps to 5.0%, naira weakens...
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...
MARKETS: Bond yields yield expand 10bps to 3.9%profit-taking, Naira gains 1.0%...
WED, 02 DEC, 2020-theGBJournal- The Treasury bonds secondary market was bearish today, as average yield expanded by 10bps to 3.9%. Across the curve, average...
FX WATCH: FX Reserves tumbles again by $40.05 million w/w as...
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...
FX reserves decrease as CBN maintains support for currency, naira weakens...
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...