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Markets Wrap| Bonds yield unchanged at 18.0%, Treasury Bills yield falls...

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TUE, MAR 12 2024-theGBJournal| The FGN bond secondary market activities were mixed but with a bearish tilt as the average yield remained at 18.0%....

NGX benchmark index march higher on sustained interest in MTNN, TRANSPOWER...

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TUE, MAR 12 2024-theGBJournal| Nigerian stocks added to Monday's gains following sustained sustained interest in MTNN (+9.98%), TRANSPOWER (+2.44%), and GTCO (+2.63%). The interest offset...

Senate hands Senator Ningi three months suspension over budget padding allegation

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...The embattled Senator has resigned from his position as Chairman of Northern Senators Forum. TUE, MAR 12 2024-theGBJournal| The Senate Tuesday suspended Senator Abdul Ningi...

Special Report| Did AI write this?

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...Artificial intelligence promises to bring as much disruption to industry as broadband internet has over the past twenty years ...The AI response lacks specific details...

Northern Senators Forum disown Senator Ningi following controversial budget padding statement

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MON, MAR 11 2024-theGBJournal|Senators Iyal Abbas from Adamawa, Ibrahim Bomoi from Yobe, Abdullahi Yar’ Adua, and four others, have disowned the statement made by...

Nigerian oil Minister Heineken Lokpobiri to speak at African Energy Week...

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...At the upcoming AEW: Invest in African Energy 2024 conference, Minister Lokpobiri will spotlight new initiatives to develop Nigeria’s oil sector. ...Nigeria aims to attract...

Markets Wrap| Naira official and street market rates closer, bonds yield...

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...The overnight lending rate expanded by 78bps to 31.8%, in the absence of any significant funding pressure on the system. MON, MAR 11 2024-theGBJournal| Treasury...

Stock market rally sustained as NGX All-Share Index climbs 0.7% higher

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MON, MAR 11 2024-theGBJournal| The Nigerian stock market closed higher Monday, starting the new week on a positive note following demand for ZENITHBANK (+6.5%)...

Ecobank signs US$250 million senior bridge-to-bond loan facility led by Afreximbank...

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...The facility has a tenor of twelve months, with a six-month extension option at the lenders' discretion. ...The facility has a tenor of twelve months,...

PalmPay unveils two cost-saving financial products that enables unlimited free transfer...

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...Introducing the unlimited free transfer, Managing Director of PalmPay Nigeria, Chika Nwosu, said the fintech company was offering accessible and affordable financial services to...