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EFFC operatives nab 34 currency speculators in Abuja for foreign exchange...
SAT APRIL 27 2024-theGBJournal| Economic and Financial Crimes Commission (EFCC) Taskforce arrested 34 suspected currency speculators in Abuja Friday.
The Operatives attached to the Taskforce...
Jim Ovia appointed to Chair Nigerian Education Loan Fund
SAT APRIL 27 2024-theGBJournal| President Bola Tinubu has approved the appointment of Mr. Jim Ovia, renowned banker and businessman, as the Chairman of the...
UBA Plc, receives ”BUY’ rating with a price target of N33.30...
Stock Rating: BUY
Price Target: N33.30
Price (25 April 2024): N22.80
Potential Upside (Downside): +46.1%
Ticker: UBA NL
SAT APRIL 27 2024-theGBJournal| Coronation Research has initiated coverage of UBA...
Quick Take| Why Federation Account Allocation fell by 2.6%
SAT APRIL 27 2024-theGBJournal| The amount disbursed by the Federation Account Allocation Committee (FAAC) to the three tiers of government in April (based on...
FG’s fiscal deficit widens to N12.87 trillion, 5.6% of GDP
SAT APRIL 27 2024-theGBJournal| According to the Central Bank of Nigeria (CBN), the Federal Government’s (FG) fiscal deficit widened by 52.85% to N12.87 trillion...
NGX All-Share Index closes 1.39% w/w down as Naira plumets by...
...Nigeria’s FX reserves paused the five-week descent as the gross reserves level increased by US$10.76 million to US$32.12 billion (24 April).
SAT APRIL 27 2024-theGBJournal|Over...
FGN Bonds yield closes week 11bps to 18.9% lower; buying activities...
...T-Bills yield settles at 22.10%
SAT APRIL 27 2024-theGBJournal|The Treasury bonds secondary market closed on a bullish note this week, driven by demand for short...
Bonds yield pars by 1bp to 18.9%, Treasury Bills yield falls...
THUR APRIL 25 2024-theGBJournal| The Treasury bills secondary market sustained its bullish momentum, as the average yield fell by 260bps to 22.5%.
Across the curve,...
Interest in TRANSCOHOT pushes NGX All-Share index 0.1% up as Naira...
THUR APRIL 25 2024-theGBJournal| Trading activities in the local bourse closed on a positive note today, as buying interest in TRANSCOHOT (+9.8%) triggered a...
Nigeria and Netherlands elevate trade, economic ties after President Tinubu’s visit
THUR APRIL 25 2024-theGBJournal| Netherlands Prime Minister, Mark Rutte said he looks forward with confidence to an even closer partnership between the Netherlands and...
