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Guinness Nigeria Plc 2024FY earnings hit by headwinds; Gross margin dips...
...Overall, pre-tax loss in 2024FY increased to NGN73.66 billion (vs 2023FY: NGN22.13 billion).
...After adjusting for a tax credit of NGN18.91 billion, the net loss...
FOREX| Naira falls to N1609.29/USD at NAFEM,driven by tight market liquidity;...
...Total turnover at the NAFEM as of 26 July increased by 11.5% WTD to USD1.30 billion, with trades consummated within the NGN1,470.00/USD – NGN1,620.00/USD...
NGX All-Share Index falls 2.3% w/w as investors reacted negatively to...
...Market Capitalization depreciated by 2.33% to N55.605 trillion to close the week's trading.
...The Month-to-Date and Year-to-Date returns settled at -1.8% and +31.3%, respectively. However,...
FGN Bond benchmark yield bounces 5bps to 19.14% as selling pressure...
SAT JULY 27 2024-theGBJournal| The FGN local bond Market commenced the week with the Bond auction.
At the FGN Bond auction, the Debt Management Office...
Treasury Bills yield rises 36bps to close at 24.91% w/w with...
...The PMA was also held with the DMO offering and allotting N277.96 billion across the standard tenors, with total subscriptions reaching N373.94 billion across...
Three tiers of government received N2.32 trillion in June 2024, Delta...
...The sum of N106.50 billion was shared among the oil producing states from the 13% derivation fund.
...A total net amount of N232.82 billion was...
Transcorp Group beats earnings forecast, grows revenue by 114% to N175.4...
...Profit Before Tax: 283% growth, amounting to N70.9 billion in H1 2024, compared to N18.5 billion in the same period last year.
...Total Assets: Grew...
President Tinubu speaks of his fears on planned nationwide protest, says...
...President Tinubu allayed fears of manipulation by any interest group in the ongoing economic reforms, saying his campaign was self-sponsored, without strings, or indebtedness...
DSS says it has confirmed ‘sinister plan’ by some elements to...
...The Service said it has also identified, among others, the funding lines, sponsors and collaborators of the plot
FRI JULY 26 2024-theGBJournal|The Department of State...
Paris Olympics 2024| Super Falcons falls 1-0 to Brazil
THUR JULY 25 2024-theGBJournal| Nigeria's Super Falcon fell 1-0 to Brazil in Bordeaux Stadium, France, in the first game, first round of the Paris...
