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NNPC’s PMS under-recovery costs estimated to settle at N1.63 trillion

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SAT 04 SEPT, 2021-theGBJournal- According to the data obtained from the Nigerian National Petroleum Corporation (NNPC), the corporation incurred NGN756.99 billion as PMS under-recovery...

Quick Take: Technological illiteracy, privacy concerns and limited trust could deter...

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SAT 04 SEPT, 2021-theGBJournal- The Central Bank Governor disclosed that the Central Bank of Nigeria (CBN) had started formal engagement with Bitt Inc., as...

Equities Market: Oil & gas, consumer goods and banking indices close...

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SAT 04 SEPT, 2021-theGBJournal- Bearish sentiments dominated the market this week, with the local bourse recording losses in three of the five trading sessions...

Markets Watch: Bonds average yield declines by 11bps to 11.0%, N50...

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SAT 04 SEPT, 2021-theGBJournal- Bullish sentiments persisted in the Treasury Bonds secondary market as investors continue to cherry-pick attractive instruments across the curve. Specifically,...

T-Bills Watch: Average yield contracts by 13bps to 5.4% as CBN...

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SAT 04 SEPT, 2021-theGBJournal- The Treasury bills secondary market traded with bullish sentiments following higher demand on the back of the improved system liquidity....

FX Brief: Turnover at I&E window touches US$926.51 million wtd, FX...

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SAT 04 SEPT, 2021-theGBJournal- Nigeria’s FX reserve sustained its weekly accretion closing higher by USD438.35 million w/w to settle at USD34.10 billion (1st September...

ICD and Jaiz Bank sign a US$25 million Shariah-compliant line of...

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  …CD’s LOF facility will help to expand Jaiz Bank’s customer base by provision of Shariah-compliant financing FRI 03 SEPT, 2021-theGBJournal- Mr. Ayman Sejiny, the CEO...

UNICEF Nigeria Representative condemns abduction of another 100 students in Zamfara...

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FRI 03 SEPT, 2021-theGBJournal- UNICEF said it is horrified by yet another attack on an educational institution in Nigeria, following the abduction of 100...

Ikeja Electric and DashMe Foundation partner for charity

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FRI 03 SEPT, 2021-theGBJournal- Nigeria’s leading Electricity Distribution Company, Ikeja Electric (IE), has partnered with DashMe Foundation, in a philanthropic alliance that seeks to...

Access Bank’s H1-21 earnings outperforms counterparts

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THUR 02 SEPT, 2021- Event: Access Bank released its audited H1-21 interim financial report today, showing significant earnings growth supported by the core income...