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ECOBANK reports $69 million profit in Q1-2024

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...29.5%, Cost-to-income: 53.8%, Loans-to-deposits: 53.7%, and Total CAR: 14.3% ...Stable credit quality with NPL ratio at 7.0% and cost-of-risk at 262 basis points. ...Results reflect the...

State institutions included in Student Loan Program, says NELFUND management

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WED MAY 22 2024-theGBJournal|The management of Nigerian Education Loan Fund (NELFUND) has dismissed insinuations that the Federal Government student loan programme is solely for...

UK Government’s MOBILIST programme underlines commitment to Nigeria’s Capital Market for...

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TUE MAY 21 2024-theGBJournal|The UK Government shares the belief that Nigeria will benefit from the further development of its capital market and is keen...

Treasury bond market stays calm with yield steady at 18.6%, t-bills...

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TUE MAY 21 2024-theGBJournal|The FGN bond secondary market traded on a calm note on Tuesday as the average yield remained at 18.6%. Across the benchmark...

NESTLE gains +9.8% as NGX All-Share Index climbs to 98,285.33 points;...

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TUE MAY 21 2024-theGBJournal|The Nigerian equities market extended yesterday’s gains as demand for NESTLE (+9.8%) drove the benchmark index 0.1% higher. Specifically, the All-Share Index...

Central Bank of Nigeria hikes interest rate 150 basis point to...

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TUE MAY 21 2024-theGBJournal| The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) on Tuesday raised benchmark interest rate by 150 basis point...

Diesel and petrol prices rise in April weighing heavily on household...

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TUE MAY 21 2024-theGBJournal| Automotive Gas Oil (Diesel) retail price across Nigeria hit an average N1415.06 per liter in April 2024, a 68.01% on...

Tourism is back to pre-pandemic levels, but challenges remain-new World Economic...

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...High-income economies in Europe and Asia-Pacific continue to lead the World Economic Forum Travel and Tourism Index, with the United States, Spain and Japan...

Analysis| The exchange rate and your questions

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...Our fair value measure of the Naira/US dollar exchange rate, which we described last week, is based on inflation differentials between the two currencies ...The...

Naira rises against the dollar ahead of Monetary Policy Committee decision...

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MON MAY 20 2024-theGBJournal| The naira traded in a happy mood Monday, at the start of a new week that is set to provide...