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AfDB Group total callable capital raised to $318 billion after shareholders...

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TUE JUNE 11 2024-theGBJournal| The African Development Bank Group concluded its 2024 Annual Meetings with a reinforced mandate from its shareholders, allowing it to...

NGX benchmark index drops more than 160 points with losses in...

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TUE JUNE 11 2024-theGBJournal| The NGX benchmark index fell on Tuesday as losses in MTNN (-4.04%), FBNH (-0.43%) and TRANSCORP (-2.27%) suppressed sustained investor...

Nigeria’s Q1-2024 VAT reported at N1.43 trillion, driven by local payments;...

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TUE JUNE 11 2024-theGBJournal| Nigeria's Value Added Tax (VAT) collection rose by 19.21% a quarter-on-quarter basis to N1.43 trillion in Q1-2024 from N1.20 trillion,...

Tolaram to acquire Diageo’s 58.02% shareholding in Guinness Nigeria

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TUE JUNE 11 2024-theGBJournal| Tolaram will acquire Diageo’s 58.02% shareholding in Guinness Nigeria, and enter into long-term license and royalty agreements for the continued...

Analysis| The return of the Money Market Fund

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TUE JUNE 11 2024-theGBJournal| Nigeria’s Naira-denominated mutual fund industry grew by 7% in the first five months of 2024, the good news being that...

South West Governors elects Lagos State Governor Sanwo-Olu as Forum Chairman,...

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TUE JUNE 11 2024-theGBJournal| The Lagos State Governor, Babajide Sanwo-Olu has been elected new Chairman of the South West (Ekiti Osun, Oyo, Ogun, Ondo...

Bonds yield rises 2bps to 18.6% on bearish sentiments, T-Bills yield...

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MON JUNE 10 2024-theGBJournal| Sentiments in the FGN bond secondary market was bearish, as the average yield expanded by 2bps to 18.6%. Across the benchmark...

Nigerian stocks close 0.6% higher after gains in ACCESSCORP, TRANSCOHOT, and...

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MON JUNE 10 2024-theGBJournal| Activities in the domestic equities market kicked off the week on a positive note, underpinned by gains in ACCESSCORP (+9.9%),...

2026 World Cup hope dim for horrible Super Eagles and clueless...

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MON JUNE 10 2024-theGBJournal| The Super Eagles scored in the 31st minute of the game through midfielder Raphael Onyedika. That was all the Super Eagles...

Access Bank Plc completes acquisition of majority equity stake in African...

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MON JUNE 10 2024-theGBJournal| Access Bank Plc has completed the acquisition of majority equity stake in African Banking Corporation of Tanzania (ABCT) Limited, a...