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Markets Wrap| FGN Bonds yield rises to 19.5% with sell focus...
SAT NOV 02 2024-theGBJournal|Trading in the Treasury bonds secondary market remained bearish this week following sell pressures on short-dated bonds, specifically the MAR-2027 and...
NGX All Share Index closes 203bps lower w/w to begin November...
...The market capitalization lost N1.22 trillion w/w to close at N59.04 trillion.
SAT NOV 02 2024-theGBJournal|The NGX All-Share index lost 203bps week-on-week as selloffs in...
Dangote Refinery rubbishes IPMAN’s N40 billion payment claims, says they have...
THUR OCT 31 2024-theGBJournal| Dangote Group management scornfully dismissed the Independent Petroleum Marketers Association of Nigeria (IPMAN) claim late Thursday that it is encountering...
Markets Wrap| Nigerian equities market close with biggest weekly loss; FGN...
...The naira depreciated by 2.7% to N1,675.49/USD in the Nigerian Autonomous Foreign Exchange Market (NAFEM).
...The overnight lending rate contracted by 355bps to 21.5% in...
National Economic Council withdraws controversial tax reform bills from National Assembly
THUR OCT 31 2024-theGBJournal| The National Economic Council (NEC) has withdrawn the controversial new tax reform bills from the National Assembly.
NEC yanked the bill...
Kaduna State Governor, Uba Sani approves N72,000 minimum wage for public...
...The buses will convey civil servants to and from work. This is aimed at alleviating the suffering of workers and enhancing their productivity.
THUR OCT...
MTNN returns to profitability amid FX pressures
...Total subscribers decreased by 0.9% to 77.0 million, impacted by the NIN-SIM regulations
...Active data users increased by 5.1% to 45.3 million
...Service revenue increased by...
Access Holdings Plc surpasses N3 trillion in gross earnings; EPS surges...
...The group’s asset portfolio grew +54.0% YTD to N41.09 trillion, retaining the top spot as the bank with the largest asset base.
THUR OCT 31...
World Bank, IMF, and G20 remain in diagnostic mode as Climate...
...On the sidelines, G20 finance ministers convened to release a communiqué that highlighted the urgency of reforming Multilateral Development Banks (MDBs) and improving global...
GTCO price target hiked to N68.35 following strong H1 2024 and...
Stock Rating: BUY
Revised Price Target: N68.35
Previous Price Target: N43.01
Price (30 October 2024): N53.30
Potential Upside (Downside): +28.2%
Ticker: GTCO NL
THUR OCT 31 2024-theGBJournal| Coronation Research has...
