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WEF’s Urban Transformation Summit spotlights pivotal role of Cities in driving...
...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
...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),...
Analysis| Is foreign investment getting better?
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 and the Central Bank of Nigeria partner to scale up...
...IFC aims to significantly scale up its financing of critical sectors in Nigeria, with a goal of providing more than $1 billion in the...
Markets Wrap| Bonds and treasury bills yield in decent after weeks...
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...
Equities market relapses as trading week begins; 28 shares tumble including...
...The benchmark index, the NGX All-Share Index (NGXASI) gave up 74bps to close at 98,708.90 points, the lowest Index Point in over a week
...Market...
Former Dutch International Ruud van Nistelroy takes over as Manchester United’s...
...Erik Ten Hag departs role
MON OCT 28 2024-theGBJournal| Manchester United today named former Dutch International Ruud van Nistelroy and Ajax boss, 54, interim head...
Absa secures $150 million finance facility with British International Investment
...Absa will utilise the funds to support this objective, with a specific focus on the African continent.
...Absa Group Limited, with representative office in Nigeria,...
Stanbic IBTC Holdings Price Target raised to N63.97 from N61 following...
Stock Rating: HOLD
Price Target: N63.97
Price (25 October 2024): N61.00
Potential Upside (Downside): +4.9%
Ticker: STANBIC NL
...On recapitalisation, the group received approval to raise N550 billion through...
Nigerian universities face another long shutdown as NASU and SSANU begins...
...The University teachers and staff of the universities are vexed by the refusal of the authority to pay withheld four months salaries, demand made...