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Markets Wrap| Domestic equities market in third straight day of losses,...

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THUR 23 DEC, 2021-theGBJournal- The domestic equities market remained bearish, as continued profit-taking activities on MTNN (-0.4%) undermined the market’s performance. Precisely, the NGX...

Markets Wrap| overnight lending rate up 425bps to 14.3%, equities extend...

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WED 22 DEC, 2021-theGBJournal- Trading in the local bourse was positive for most of the day, however, late sell-offs of MTNN (-1.3%) ensured the...

Markets Wrap| NGX All-Share Index slides 1bps on sell-offs, Treasury bond...

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TUE 21 DEC, 2021-theGBJournal- The local bourse edged a negative performance in today’s session, on sell-offs of ZENITHBNK (-0.8%) and ACCESS (-0.6%) triggered the...

Markets Wrap| Domestic equities market closes higher on gains in FBNH,...

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MON 20 DEC, 2021-theGBJournal- Activities in the domestic equities market picked up from where they left off last week, closing higher on gains in...

Markets Wrap| Treasury bond bullish as average yield pared by 1bp,...

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MON 13 DEC, 2021-theGBJournal- Trading at the Treasury bond secondary market ended the day mixed, albeit with a bullish tilt, as the average yield...

Markets Wrap| Overnight rate expands by 200bps w/w to 17.8% following...

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SAT 11 DEC, 2021-theGBJournal- The overnight (OVN) rate expanded by 200bps w/w to 17.8%. The increase in the funding rate was due to outflows...

Markets Wrap: NGX Benchmark Index drops 1.8%, after two straight positive...

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THUR 09 DEC, 2021-theGBJournal- The equities market reversed yesterday's gains following selloffs of DANGCEM (-10.0%). Precisely, the All-Share Index declined by 1.8% to 41,685.22...

Markets Wrap| Equities bounce 2bps after a days of losses, overnight...

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TUE 07 DEC, 2021-theGBJournal- Trading in the local bourse edged a positive performance in today’s session, as the All-Share Index notched a 2bps gain...

Markets Wrap: Investors sell off Feb-2028 and Mar-2035 bonds, T-Bills average...

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MON 06 DEC, 2021-theGBJournal- Trading in the Treasury bond secondary market was bearish, as the average yield expanded by 9bps to 11.4%. Across the...

Markets Wrap| CBN sold N37.00 billion worth of T-Bills at this...

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SAT 04 DEC, 2021-theGBJournal- The overnight (OVN) rate expanded slightly by 8bps w/w to 15.8% this week, in light of the funding pressures for...