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Bonds yield stays unmoved at 18.5%, treasury bills rise 4bps to...
MON APRIL 07 2025-theGBJournal| The FGN bond secondary market were quiet, as the average yield remained unchanged at 18.5% Monday.
Across the benchmark curve, the...
Severe FX pressure as Naira plummets 2.8% against the U.S...
MON APRIL 07 2025-theGBJournal| Nigeria's official FX rate plummeted by 2.8% to N1,630.75/US$ Monday, extending its negative performance despite sustained Central Bank of Nigeria...
Hotel development booms in Africa, boosted by Egypt and Marriott, new...
...The cities and resorts with the next largest pipelines by number of rooms are Lagos, 3,709; Boa Vista, 3,650; Addis Ababa, 3,369; Casablanca, 2,939;...
NGX All-Share Index tumble 1.2% as Trump tariff anxiety hit global...
...At the NASD OTC market, the NSI index and market capitalization both dipped marginally by 0.08%, indicating a relatively flat trading session Monday
MON APRIL...
Niger State Government secures agric production agreement with Egyptian giants, Arab...
...The agreement is expected to see Arab contractors developing 250,000 hectares of land in the State beginning with 25,000 hectares as the first phase...
Intra-African Trade, investment and liquefied petroleum gas can address Africa’s $15...
...Speaking at ARDA Week 2025, the African Energy Chamber underscored the need for aligned policies to advance downstream oil and gas projects in Africa
MON...
Ogun State celebrates key community road rehabilitated by Shell Nigeria Gas,...
SAT APRIL 05 2025-theGBJournal| Officials of the Ogun State Government and community leaders hailed Shell Nigeria Gas (SNG) and NNPC Gas Marketing Limited (NGML)...
Yield falls following demands for the JAN-2026 and FEB-2031 bonds, T-Bills...
SAT APRIL 05 2025-theGBJournal| The FGN bond secondary market ended week quiet, albeit with a bullish undertone as the average yield declined by 1bp...
FGN moves to activate climate change fund
SAT APRIL 05 2025-theGBJournal| In a significant move towards addressing climate change, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr...
Naira gains vs dollar, FX reserves drop US$135.57 million w/w
SAT APRIL 05 2025-theGBJournal| The Naira rose against the dollar Friday, ending 0.2% to N1,536.00/US$ as FX sales by offshore players driven by an...
