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Editor

Editor
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Executive Order on pharmaceutical imports an attractive prospect for sector and...

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...President Bola Tinubu recently signed the Executive Order to introduce zero tariffs, excise duties, and VAT on specialized machinery, equipment and pharmaceutical raw materials...

British International Investment commits US$75 million to the second Green Basket...

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...Following the successful launch of the first green basket bond in 2022, the new issuance will increase financing to small-scale green projects and businesses,...

Defence Minister Badaru Abubakar calls collective commitment to address terrorism, violent...

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SAT JUNE 29 2024-theGBJournal| The Minister of Defence, Mohammed Badaru Abubakar, has urged ECOWAS Defence Ministers to unite and work together with determination to...

Central Bank of Nigeria| Strengthening banks and the financial system

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...In Nigeria, banks dominate the financial system and CBN has continued to manage potential threats in the banking industry By Arize Nwobu SAT JUNE 29 2024-theGBJournal|...

FX Market| Nigeria’s FX reserves grows for the fourth consecutive week...

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SAT JUNE 29 2024-theGBJournal| The value of the Naira to the dollar weakened by 133 bps week-on-week to print at N1,505.30/$ this week at...

Treasury bills closes bearish with pressures on CBN-issued OMO bills; yield...

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...Across the market segments, the average yield inched higher by 10bps to 22.1% at the NTB segment and advanced by 175bps to 23.5% at...

Treasury bonds closes week 3bps down to 18.7%; FGN Eurobond dips...

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...The DMO allotted instruments worth N297.01 billion across the three tenors, resulting in a bid-to-cover ratio of 1.0x SAT JUNE 29 2024-theGBJournal|The Treasury bonds secondary...

NGX All-Share Index gains 32bps WoW with Market Capitalization settling at...

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...The Month-to-Date and Year-to-Date returns increased to +0.8% and 33.8%, respectively ...From a sectoral standpoint, the Oil and Gas (+5.7%), Insurance (+3.3%) and Banking (+1.1%)...

Treasury Bonds yield closes flat at 18.5%; T-Bills yield expands 7bps...

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...Across the benchmark curve, the average yield increased slightly at the short (+1bp) end due to sell pressures on the MAR-2025 (+2bps) bond THUR JUNE...

NGX All-Share Index closes 1bp higher bolstered by gain in SEPLAT;...

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...GTCO was the most traded stock by volume and value at 66.05 million units and N2.93 billion, respectively. ...The total trading volume increased by 91.6%...