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Nigeria’s headline inflation cools sharply, easing by 80bps to 33.40% y/y...

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...The outturn is 13ps and 10bps higher than Cordros’ (33.27% y/y) and Bloomberg’s median consensus (33.30%) estimates, respectively ...Food inflation moderated by 134bps to 39.53%...

FGN bond move lower on buying interest; treasury bills yield contracts...

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WED AUG 14 2024-theGBJournal| Activities in the FGN bond secondary market were bullish Wednesday, as the average yield dipped by 4bps to 19.6%. Across the...

Equities market retreats again on negative sentiments, Naira loses more ground...

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WED AUG 14 2024-theGBJournal| Nigerian stocks closed lower Wednesday as bears continued to dominate the local bourse. The All-Share Index dipped by 0.1% to close...

Access Holdings Plc rights issue acceptance period extended to August 23,2024

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WED AUG 14 2024-theGBJournal| Access Holdings Plc has announced an extension of the acceptance period for its ongoing Rights Issue, initially set to close...

House of Reps Speaker, Tajudeen clarifies ”misconceptions” about his Counter Subversion...

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WED AUG 14 2024-theGBJournal| The Speaker, House of Representatives, Abbas Tajudeen Wednesday clarified what he says is ''misconception'' about the ''Counter Subversion Bill 2024''...

Dangote Refinery dismisses talk of N600/litre for its petrol, says no...

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WED AUG 14 2024-theGBJournal| Dangote Refinery Tuesday disowned remarks by the Independent Petroleum Marketers Association of Nigeria (IPMAN) that it is to sell its...

NNPC witnessing improved growth in crude production, says Kyari, urges military...

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TUE AUG 13 2024-theGBJournal| The Group Chief Executive Officer (GCEO) of NNPC Ltd., Mr. Mele Kyari, has called on the military to sustain the...

Treasury yields slide as attention turns to buying, FGN bonds and...

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TUE AUG 13 2024-theGBJournal| Trading in the Treasury bills secondary market remained bullish Tuesday, as the average yield contracted by 7bps to 25.6%. Across the...

Oil and gas and security agreement on the card as President...

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TUE AUG 13 2024-theGBJournal| President Bola Tinubu will on Wednesday, depart Abuja for Malabo, Equatorial Guinea, on a three-day official visit to honour the...

Equities market struggles again as NGX All-Share dives 0.5% on profit...

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...The total volume traded advanced by 20.3% to 599.25 million units, valued at N13.92 billion, and exchanged in 11,237 deals. ...GTCO was the most traded...