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Editor

Editor
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United Capital to play Lead Issuing House role in Series I...

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...A total of $2 billion of the bond will be issued in tranches ...The Offer disallows cash deposits, while subscribers must provide all Know-Your-Customer (KYC)...

NGX All-Share Index closes 1.4% down, extending negative momentum; Naira stays...

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MON AUG 19 2024-theGBJournal| The NGX All-Share Index closed 1.4% lower on Monday at 95,779.79 points, extending negative momentum at the start of the...

NNPC beats expectation in FY-2023 earnings, sets sight on Initial Public...

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MON AUG 19 2024-theGBJournal| NNPC Limited beat market expectation in its 2023 financial year report Monday, and announced an Initial Public offer (IPO) once...

Need to revisit the policy on Customs Duty exchange rate

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...The current customs duty exchange rate on the Nigeria Customs Service portal is N1578/$. This rate has been changing almost weekly, which is not...

President Tinubu makes his fourth trip to France since assuming office

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MON AUG 19 2024-theGBJournal|President Bola Tinubu will embark on a trip to France on Monday, his fourth trip to the country since assuming office...

FAAC| FG, States, LGCs share N1,358.075 trillion from a gross total...

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...The Communique issued by the Federation Account Allocation Committee (FAAC) at the end of the meeting indicated that the Gross Revenue available from the...

Oil Brief| Brent futures settles at $79.68 a barrel; improvement seen...

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SAT AUG 17 2024-theGBJournal| Crude oil prices fell nearly 2% Friday with Brent crude futures settling a little at $79.68 a barrel. The U.S...

FGN Bond and Treasury Bills yield fell as investors digest week’s...

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SAT AUG 17 2024-theGBJournal| Bullish sentiments prevailed in the Treasury bonds secondary market this week as traders sought to take advantage of current rates...

Nigeria’s Fx reserves depleted by US$301.32 million w/w following CBN’s intervention...

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SAT AUG 17 2024-theGBJournal|The naira depreciated by 0.4% w/w to N1,579.89/US$ at the Nigerian Autonomous Foreign Exchange Market (NAFEM) as the total turnover (as...

Market capitalization sheds N846.53 billion w/w as NGX Exchange round off...

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...In Friday's trading session, gains in GTCO (+0.99%), ZENITHBANK (+0.40%) and ACCESSCORP (+0.26%) were countered by losses in TRANSCOHOT (-0.93%), FBNH (-0.71%) and UBA...