Editor
Quick Take| Increased maximum allowable advances from CBN to FG reflects...
...Comercio Partners notes that this amendment aims to provide the federal government with short-term funding to address budget deficits and finance critical projects
MON AUG...
CPPE lists the ”disturbing tendencies of overbearing regulation” on Nigerian manufacturers...
...The CPPE believes that the regulatory agencies can discharge their functions effectively without jeopardizing investment sustainability and growth.
MON AUG 12 2024-theGBJournal| The Centre for...
Sports Ministers, Enoh offers apologies and excuses for Nigeria’s medal drought...
...After the African Games, subsequent meetings were limited to the Federations that had bright chances of qualifying for the Olympics.
...Medals projections were made by...
Lackluster demand dominates T-bills secondary market as yield expands 51bps to...
...At the money market, the overnight (OVN) rate expanded significantly by 792bps w/w to 34.0%, following the debits for the CBN’s FX Retail Dutch...
Bears drive bonds yield to 20.1% as players reshuffle portfolio ahead...
SAT AUG 10 2024-theGBJournal|Activities in the Treasury bonds secondary market remained bearish, driven by sell pressures on short- and mid-dated papers. Thus, the average...
CBN’s international payments rises 30.8% y/y to USD3.31 billion in 5M-24,...
...Similarly, we note an increase in direct remittances (+28.5% y/y to USD841.37 million) underpinned by increased payments for international services by Nigerian resident
SAT AUG...
Naira gains +2.7% w/w after CBN’s retail Dutch Auction as FX...
SAT AUG 10 2024-theGBJournal|The Retail Dutch Auction by the apex bank on Tuesday helped ease pressure on the Naira by close of Friday's trading,...
NGX All-Share Index closes the week positive, rises 0.87% w/w with...
...Accordingly, the market capitalization gained N270.21 million Friday
...Contrarily, the NGX Industrial Index (-3.67%w/w) closed in the red, primarily driven by selloff in BUACEMENT (-9.99%...
Afreximbank says its doubling intra-African trade financing to $40 billion by...
...Afreximbank had been a champion in facilitating intra-African trade since its founding and that it had committed US$1 billion to support the funding of...
Shell Nigeria wins multiple awards at 2024 Nigeria Annual International Conference...
...Earlier this year, Shell companies in Nigeria emerged Best Exhibitor at the 7th edition of the Nigeria International Energy Summit in Abuja
FRI AUG 09...














