Tag: Lending Rate
Markets Today| Naira gains 4.4% against US$ at the I&E window,...
MON, JULY 10 2023-theGBJournal |The overnight lending rate expanded by 8bps to 1.3%, in the absence of any significant outflow from the system.
The NTB...
Markets Today| Month-to-Date returns print at +1.7% as NGX All-Share Index...
THUR, JULY 06 2023-theGBJournal |The Nigerian equities market sustained the previous session’s gains, as bargain hunting in DANGCEM (+1.8%), spurred a 0.8% increase in...
Markets Wrap| Naira closes trade at N768.44/US$, T-Bills yield dips to...
WED, JULY 05 2023-theGBJournal |The overnight lending rate contracted by 42bps to 1.2%, in the absence of any significant inflows into the system.
Sentiments in...
FX reserve sustains decline, depleted by US$86.76 million w/w, Naira gains...
SAT, JULY 01 2023-theGBJournal |Nigeria’s FX reserve continued to decline, as the gross reserve position declined by USD86.76 million w/w to close at USD34.22...
Nigerian equities close marginally higher as sentiment remains cautious, Naira recovers...
TUE, JUNE 20 2023-theGBJournal |The Nigerian equities market traded marginally higher as investors remained cautious, evaluating the impact of the new FX policy.
Bargain hunting...
Naira trades at N664/$ at I&E Window, first real hint the...
WED, JUNE 14 2023-theGBJournal |The naira depreciated significantly by 29.0% to N664.04/US$ at the I&E window, but reflected the first real hint that the...
FX Watch| Naira ends week down to N743/$, FX reserves drops...
SAT, 15 OCT, 2022-theGBJournal| Nigeria’s FX reserve sustained its descent for the sixth consecutive week, falling to its lowest level since 5 October 2021....
Markets Wrap| overnight lending rate up 425bps to 14.3%, equities extend...
WED 22 DEC, 2021-theGBJournal- Trading in the local bourse was positive for most of the day, however, late sell-offs of MTNN (-1.3%) ensured the...
Markets Wrap: Overnight rate closes at 17.8% on funding pressures, Naira...
TUE 30 NOV, 2021-theGBJournal- The overnight lending rate expanded by 250bps to 17.8% following funding pressures that outweighed inflows from OMO maturities (NGN54.30 billion).
Trading...
Markets Brief: Naira drops 3.5% to N522/US$ in response to BDC...
WED 28 JULY, 2021-theGBJournal-The naira was flat at NGN411.60/USD at the I&E window but depreciated by 3.5% to NGN522.00/USD in the parallel market in...
