Tag: naira
Naira ends week at N1,466.31/US$; gross reserves level jumps by US$89.76...
SAT MAY 11 2024-theGBJournal|The naira depreciated by 4.5% to N1,466.31/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), as the total turnover (as of...
Market capitalization sheds N268.75 billion as NGX All-Share Index closes 0.5%...
TUE MAY 07 2024-theGBJournal| The Nigerian equities market sustained its negative sentiments Tuesday as investors sold off FBNH (-9.9%) and GTCO (-6.0%).
As a result,...
NGX All-Share Index down 0.89%, GUINEAINS, CORNERST record most significant gains;...
MON MAY 06 2024-theGBJournal| At market close Monday the NGX benchmark index, the All-Share Index was down 0.9% and closed at 98,703.68 points.
The Month-to-Date...
Naira crashes to N1,419.11/US$ at NAFEM as sell pressures NGX All-Share...
MON APRIL 29 2024-theGBJournal| The Nigerian stock market kicked off on a bearish note as sell pressures on GTCO (-7.9%), DANGSUGAR (-10.0%), SEPLAT (-2.3%)...
EFFC operatives nab 34 currency speculators in Abuja for foreign exchange...
SAT APRIL 27 2024-theGBJournal| Economic and Financial Crimes Commission (EFCC) Taskforce arrested 34 suspected currency speculators in Abuja Friday.
The Operatives attached to the Taskforce...
NGX All-Share Index closes 1.39% w/w down as Naira plumets by...
...Nigeria’s FX reserves paused the five-week descent as the gross reserves level increased by US$10.76 million to US$32.12 billion (24 April).
SAT APRIL 27 2024-theGBJournal|Over...
Interest in TRANSCOHOT pushes NGX All-Share index 0.1% up as Naira...
THUR APRIL 25 2024-theGBJournal| Trading activities in the local bourse closed on a positive note today, as buying interest in TRANSCOHOT (+9.8%) triggered a...
Nigerian equities market sustains bearish run as Naira falls further to...
WED APRIL 24 2024-theGBJournal| Bearish sentiments intensified in the Nigerian equities market in today’s session following sell pressures on MTNN (-10.0%).
As a result,...
Markets Brief| Naira down 5.1% to N1,300.15/US$, FGN Bonds yield closes...
TUE APRIL 23 2024-theGBJournal| The naira depreciated further Tuesday by 5.1% to N1,300.15/US$1 at the Nigerian Autonomous Foreign Exchange Market (NAFEM) even as the...
Naira falls further in value, down 5.2%/US$1, bonds yield rises 1bp...
MON APRIL 22 2024-theGBJournal| Trading in the Treasury bond secondary market was bearish today, as the average yield expanded marginally by 1bp to 19.0%....
