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Naira gains 2.5% w/w after CBN’s USD64.00 million intervention; FX reserves...
SAT OCT 19 2024-theGBJournal| The naira appreciated this week by 2.5% w/w to N1,600.78/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM) following the...
Treasury yields climb ahead of this month’s bond auction; traders sell...
...Activities in the FGN bonds secondary market were bearish this week, as most traders opened short positions ahead of this month’s bond auction amid...
NGX benchmark index surge to close high as market capitalization bounces;...
...A total turnover of 1.447 billion shares worth N73.889 billion in 39,546 deals was traded this week by investors
...Thirty-three equities appreciated in price during...
Nigeria’s crude oil production falls after five consecutive months of increase
SAT OCT 19 2024-theGBJournal| Nigeria's crude oil production (including condensates) declined by 1.7% m/m to 1.54 mb/d in September (August: 1.57 mb/d) after five...
Chevron and NNPCL announce major oil find in the Niger Delta
...The find comes as major oil majors are exiting Nigeria and recent commitment of Chevron to new investments in Nigeria.
FRI OCT 18 2024-theGBJournal| Chevron,...
Shell’s MD Okunbor shares optimistic outlook on Nigeria’s Oil and Gas...
FRI OCT 18 2024-theGBJournal| The Managing Director of Shell Petroleum Development Company Limited (SPDC) and Chairman of Shell Companies in Nigeria, Osagie Okunbor, shared...
Cooking gas and kerosene price surge m/m in September
FRI OCT 18 2024-theGBJournal| The cost of refilling cylinders of cooking gas and purchasing kerosene in Nigeria has gone up on a month-on-month basis...
World Bank to FG; Without jobs, poor Nigerians will not be...
...According to the report, sustained poverty reduction depends on creating wage jobs through macro-fiscal stability, growth, and private sector development, complemented by building human...
Federation Account Allocation Committee shares N1.289 trillion to the three tiers...
...The sum of N80.993 billion was given for the cost of collection, while N878.946 billion was allocated for Transfers Intervention and Refunds.
...he Gross Statutory...
Markets Wrap| Equities market losses mount as All-Share Index and market...
...STERLINGNG (+0.00%) led the volume chart with 42.79 million units traded, while ARADEL (-10.00%) led the value chart in deals worth N1.04 billion.
...The naira...
