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Nigeria to unveil 2024 licensing round details at Invest in African...
...The Nigerian Upstream Petroleum Regulatory Commission will hold a dedicated session outlining 17 blocks on offer and how investors can participate at the upcoming...
FGN bonds yield falls 32bps to 18.5%, treasury bills settles at...
TUE MAY 07 2024-theGBJournal| Trading in the Treasury bonds secondary market was bullish Tuesday, as the average yield contracted by 32bps to 18.5%.
Across the...
Market capitalization sheds N268.75 billion as NGX All-Share Index closes 0.5%...
TUE MAY 07 2024-theGBJournal| The Nigerian equities market sustained its negative sentiments Tuesday as investors sold off FBNH (-9.9%) and GTCO (-6.0%).
As a result,...
SERAP gives President Tinubu 48 hours to withdraw CBN imposed cybersecurity...
TUE MAY 07 2024-theGBJournal| The Socio-Economic Rights and Accountability Project (SERAP), in a statement today signed by its deputy director Kolawole Oluwadare said, “the...
NNPC says it has over 1.5 billion litres stock of PMS,...
TUE MAY 07 2024-theGBJournal| The Nigerian National Petroleum Company (NNPC Limited) today that it has over 1.5 billion litres stock of Premium Motor Spirit...
FGN bonds average yield closes flat at 18.8%, treasury bills yield...
MON MAY 06 2024-theGBJournal| The FGN bonds secondary market were quiet Monday, as the average yield closed flat at 18.8%.
Across the benchmark curve,...
NGX All-Share Index down 0.89%, GUINEAINS, CORNERST record most significant gains;...
MON MAY 06 2024-theGBJournal| At market close Monday the NGX benchmark index, the All-Share Index was down 0.9% and closed at 98,703.68 points.
The Month-to-Date...
Nigerian Electricity Regulatory Commission drops Band A end-user tariffs to N206.8/Kwh,...
MON MAY 06 2024-theGBJournal| The Nigerian Electricity Regulatory Commission (NERC) Monday reviewed Band A end-user tariffs downward from N225/kWh to N206.8/kWh, under multi-year tariff...
UBA records 166.1% y/y growth in profit-after-tax, driven by strong funded...
...UBA Interest income rose by 129.7% y/y to N440.76 billion driven mostly by the group’s investment income (+147.1% y/y).
MON MAY 06 2024-theGBJournal| United Bank...
Zenith Bank Plc’s interest income surges by 154.9% y/y to N488.55...
MON MAY 06 2024-theGBJournal| Zenith Bank Plc (ZENITHBANK) in its Q1-24 unaudited financial reported interest income surge of 154.9% y/y to N488.55 billion, underpinned...
