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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...
Oil prices falls further away from Nigeria’s 2024 budget assumption of...
MON OCT 28 2024-theGBJournal| Benchmark Brent oil price fell Monday by 4.34% to $72.75 a barrel, more than $5 below the US$77.96 per barrel...
Dangote Cement Plc revenue surges by 42.0% y/y in Q3-24 despite...
...Revenue growth in Nigeria was fueled by a 6.6% y/y growth in sales volume to 4.17Mt and a 101.2% y/y hike in cement price...
NGX All-Share Index bounces by 1.4% w/w, boosted by strong investors’...
SAT OCT 26 2024-theGBJournal|The All-Share Index advanced by 1.4% w/w to 99,448.91 points, following strong investors’ interest in SEPLAT (+9.3%) after the Federal Government...
Inflows from domestic investors propel transactions in Nigerian equities market to...
SAT OCT 26 2024-theGBJournal| Total transactions in the local bourse rose to a six-month high, increasing by 29.9% m/m to N493.01 billion in September...
Bonds and treasury bills yield edges higher as players turn focus...
SAT OCT 26 2024-theGBJournal| The FGN bond secondary market edged higher Friday as market saw minimal activity this week, and with players primarily focused...
Naira bounces 5bps w/w at NAFEM as CBN sells US$95 million...
SAT OCT 26 2024-theGBJournal| The naira rose by 5bps w/w to N1,600.00/US$1 by the close of trading on Friday at the Nigerian Autonomous Foreign...
AIRTELAFRI Earnings Per Share falls significantly as sustained currency pressures depress...
...AIRTELAFRI’s group revenue declined by 2.6% y/y to USD1.21 billion (H1-25: -9.7% y/y to USD2.37 billion)
...Subscriber base growth of 6.1% y/y to 156.60 million...
LASTMA captures elusive, fraudulent officer involved in extortion on Oshodi bridge,...
FRI OCT 25 2024-theGBJournal| The Lagos State Traffic Management Authority (LASTMA) said Friday it has captured and detained a man, Adewunmi Taiwo, age 45,...