Bonds: DMO under-allotts instruments worth N137.97 billion following low demand, average yield contracts 7bps...
SAT 24 JULY, 2021-theGBJournal- The Treasury bonds secondary market closed the week on a bullish note, as yields adjusted to reflect the lower rates...
FX Watch: Nigeria’s FX reserves records its highest weekly accretion in twenty-five weeks, Naira...
SAT 24 JULY, 2021-theGBJournal- Nigeria’s FX reserves recorded its highest weekly accretion in twenty-five weeks, as the gross reserves position increased by USD53.48 million...
Markets Wrap: Treasury bills market extends bullish run, overnight rate expands by 24.00ppts w/w...
SAT 24 JULY, 2021-theGBJournal- The overnight rate expanded by 24.00ppts w/w to 28.8%, as debits for CRR, FGN bond (NGN137.97 billion) and CBN’s weekly...
Markets Wrap: Bonds average yield pars by 2bps to 12%, Overnight lending rate expands...
MON 19 JULY, 2021-theGBJournal-The naira depreciated by 0.3% to NGN411.67/USD at the I&E window but appreciated by 0.2% to NGN505.00/USD in the parallel market.
The...
Treasury Bills: Yields forecast to trend higher after a bullish week of trading
SAT 17 JULY, 2021-theGBJournal- Trading in the Treasury bills secondary market was bullish, as average yield across all instruments contracted by 30bps to 8.1%...
Bonds: DMO offering instruments worth NGN150.00 billion in the coming week, average yields expands...
SAT 17 JULY, 2021-theGBJournal- Bearish sentiments persisted in the Treasury bonds secondary market investors cherry-picked instruments across the curve.
Specifically, average yields expanded by...
FX Watch: Foreign reserves at US$33.10 billion after a slight drop, Naira trades at...
SAT 17 JULY, 2021-theGBJournal- Nigeria’s FX reserves declined marginally by USD17.05 million w/w to USD33.10 billion (as of 14th July 2021).
Meanwhile, the naira...
Nigeria’s Headline inflation sustains deceleration, moderates to 17.75% y/y in June 2021
FRI 16 JULY, 2021-theGBJournal- Nigeria’s headline inflation moderated by 18bps to 17.75% y/y in June 2021 (May: 17.93% y/y) – the third consecutive month...
Markets Wrap: Treasury bonds gains 25bps to 11.4%, Naira stays unchanged, inflows from the...
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: CBN offers N109.43 billion for sale with total subscription of N574.68 billion...
WED 14 JULY, 2021-theGBJournal- The naira appreciated by 0.1% to NGN411.22/USD at the I&E window but stayed flat at NGN505.00/USD in the parallel market....
