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MTN Nigeria Communications Plc commercial paper issuance records 144% over subscription...

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...The 180-day and 270-day CP were issued at yields of 27.50% and 29.00%, respectively, with an issue date of Friday, 29 November 2024. ...Stanbic IBTC...

Oriental Energy conducts the naming ceremony for first fully funded, converted...

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...At full production, Okwok is expected to produce up to 30,000 barrels of oil per day and with our existing production at Ebok SUN DEC...

AfDB’s Board of Directors approves a $30 million equity investment in...

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SAT DEC 14 2024-theGBJournal| The African Development Bank’s (www.AfDB.org) Board of Directors has approved a $30 million equity investment in Africa Finance Corporation (AFC)...

Quick Take| Downside risks remain despite rise in Nigeria’s crude oil...

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SAT DEC 14 2024-theGBJournal| Nigeria's crude oil production (including condensates) increased after two consecutive months of decline, rising by 9.9% m/m to 1.69 mb/d...

NGX All-Share Index closes week higher, rising 119bps w/w; MTNN, ARADEL...

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SAT DEC 14 2024-theGBJournal| The NGX All-Share index advanced by 119bps week-on-week, having gained in four of the five trading sessions. Investor's interest in MTNN...

Fixed Income| Treasury Bills yield dips 2bps to 25.7%; treasury bond...

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SAT DEC 14 2024-theGBJournal| The Treasury bills secondary market traded with bullish sentiments this week as the average yield across all instruments declined by...

Naira finishes week 2.2% up against the dollar; FX reserves swells...

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SAT DEC 14 2024-theGBJournal| The naira rose this week by 2.2% w/w to N1,544.35/USD following the Central Bank of Nigeria's (CBN) intervention which saw...

Delta State wins $400,000 Bill & Melinda Gates Primary Health Care...

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FRI DEC 13 2024-theGBJournal| Delta State Government, Thursday, received $400,000 from the Primary Health Care (PHC) Leadership Challenge, organized by the Nigerian Governors' Forum...

Niger State Government budgets N1.5 trillion for 2025 fiscal year, targeting...

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...The 2025 budget is higher than the 2024 appropriation, with 48.3%. ...Based on the sectorial breakdown of the 2025 budget, the Infrastructure, Housing and Urban...

Extraordinary FIFA Congress names hosts of 2030 and 2034 editions of...

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...Morocco, Portugal and Spain to host FIFA World Cup 2030™ ...Three centenary celebration matches to take place in Argentina, Paraguay and Uruguay in 2030 ...Saudi Arabia...