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Quick Take| Increased maximum allowable advances from CBN to FG reflects...

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...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...

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...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...

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...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...

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...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...

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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,...

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...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...

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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...

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...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...

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...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...

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...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...