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Markets Wrap| FGN bonds yield rise amid profit taking, T-bills yield...

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WED OCT 30 2024-theGBJournal| The T-bills secondary market traded calmly Wednesday but with a bullish undertone, as the average yield pared by 1bp to...

NGX All-Share Index falls 4bps as MTNN, FBN and JAIZBANK lead...

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WED OCT 30 2024-theGBJournal| The NGX All-Share Index fell 4bps on Wednesday to close at 98,023.23 points, despite gains in other major Indices including...

Deal Execution and Investor Relations Mastery earns Iron Global Market Limited...

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WED OCT 30 2024-theGBJournal| Iron Global Market Limited, leading investment banking firm has been named the best in Innovative Deal Execution and Investor Relations...

Markets Wrap| NGX ASI stays red; TRANSCORP, ACCESSCORP, BUACEMENT shares tick...

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...The naira appreciated by 2.5% to N1,630.45/USD in the Nigerian Autonomous Foreign Exchange Market (NAFEM) ...The overnight lending rate contracted by 78bps to 27.0% following...

36 states and FCT generated a total of N2.43 trillion as...

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TUE OCT 29 2024-theGBJournal| The 36 States of the Federation and the Federal Capital Territory (FCT) generated a total of N2.43 trillion as Internally...

Kebbi State Government approves over N638 million for gratuity and death...

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TUE OCT 29 2024-theGBJournal| The Kebbi State Government has approved over N638 million for the payment of gratuity and death benefits to State/Contract Staff,...

NESTLE’s sees 91.6% y/y increase in revenue as food and beverage...

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...Gross margin narrowed (-860bps y/y) to 30.6% in Q3-24 (Q3-23: 39.2%) following significant cost pressures (+118.7% y/y) in the period ...NESTLE reported a pre-tax loss...

Heineken launches the 45cl bottle and 45 Collection at Lagos Fashion...

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TUE OCT 29 2024-theGBJournal| Heineken launched the 45cl bottle and 45 Collection at Lagos Fashion Week, proving once again why it’s a brand that...

WEF’s Urban Transformation Summit spotlights pivotal role of Cities in driving...

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...Over 250 government, business and civil society leaders, spanning six continents, 30+ countries and 20+ industries, gathered in San Francisco to advance public and...

OKOMUOIL beats forecasts despite 8.2% decline in revenue in Q-3 2024

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...Profit before tax increased by 80.6% y/y to N11.41 billion in Q3-24 (Q3-23: N6.32 billion). ...Following a tax expense of N3.27 billion (Q3-23: N1.60 billion),...