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Equities market in third consecutive weekly loss as NGX All-Share Index...
SAT APRIL 06 2024-theGBJournal| The Nigerian equities market recorded its third consecutive weekly loss as investors contended with the potential implications of the recently...
Treasury bills ends week at 18.9%, driven by liquidity dearth, bonds...
SAT APRIL 06 2024-theGBJournal| The Treasury bills secondary market closed on a bearish note this week, as the average yield across all instruments expanded...
Delta State Governor, Oborevwori explains why Okuama/Okoloba crisis is great pain
FRI APRIL 05 2024-theGBJournal| Delta State Governor, Sheriff Oborevwori, Friday, said his administration was sorely pained about recent crisis leading to the killing of...
NERC hits Abuja Electricity Distribution Plc with hefty N200 million fine...
FRI APRIL 05 2024-theGBJournal| The Nigerian Electricity Regulatory Commission (NERC) has imposed a hefty N200 million fine on the Abuja Electricity Distribution Plc (AEDC)...
Markets Wrap| Naira gains 0.6% to N1,255.07/US$, NGX benchmark slides again,...
THUR APRIL 04 2024-theGBJournal| The Nigerian equities market maintained its bearish performance as sustained profit-taking activities in the tier-1 banks and MTNN (-1.3%) triggered...
Nigerian Breweries Plc plans N600 billion capital raise, by way of...
THUR APRIL 04 2024-theGBJournal| Nigerian Breweries Plc has signified its intention to the raise up to N600 billion capital by way of Rights Issue,...
Interswitch champions digital transformation for the energy sector
THUR APRIL 04 2024-theGBJournal| Africa's leading digital payment and commerce company, Interswitch, has said it is pertinent for oil and gas businesses to leverage...
”If you dare me, I will suprise you,” Governor Fubara warns...
WED APRIL 03 2024-theGBJournal|Rivers State Governor, Siminalayi Fubara, has warned that he will surprise those who consider his honest decision to implement the presidential...
Bonds and Treasury bills markets stay bullish as yield drops by...
WED APRIL 03 2024-theGBJournal| The NTB secondary market traded on a bullish note, as the average yield dipped by 5bps to 17.6%.
Across the curve,...
Naira extends rebound, gains 1.3% to N1,262.85/US$ as NGX All-Share Index...
WED APRIL 03 2024-theGBJournal| The Nigerian equities market extended yesterday’s losses driven by sell pressures on FBNH (-5.0%) and other tier-1 banks.
As a result,...
