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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...

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...

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,...

...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...

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...

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

...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),...

Back in May we asked whether foreign investors were returning to Nigeria and concluded that there would not be much increase in their activity for...

...IFC aims to significantly scale up its financing of critical sectors in Nigeria, with a goal of providing more than $1 billion in the...

MON OCT 28 2024-theGBJournal| Sentiments in the Treasury bills secondary market were bullish, as the average yield fell by 2bps to 24.2% after moving...