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Markets Brief| Naira tumbles at NAFEM to N1,615.94/US$, bonds yield rise...
...At the money market, the overnight lending rate expanded by 246bps to 26.7%, in the absence of any significant funding pressure on the system.
TUE,...
Selloffs pile pressure on equities market as NGX All-Share Index falls...
...Selloffs in MTNN (-9.94%), FBNH (-10.00%), and GTCO (-0.13%) outweighed gains in TRANSCORP (+2.85%), STERLINGNG (+4.55%) and HONYFLOUR
TUE, FEB 27 2024-theGBJournal| The Nigerian equities...
Analysis| How to deal with high interest rates
...What are the effects of high-interest rates?
...Historically, rises in market interest rates have been accompanied by cries of pain from borrowers, including industry, complaining...
CBN’s Monetary Policy Committee delivers record interest rate hike
...All other parameters were raised except for liquidity rate which it retained at 30.0%.
...The asymmetric corridor is hiked +100bps/-700bps (Previously: +100bps/-300bps) while the CRR...
CBN approves sale of forex to Bureau De Change at N1,301/$
...The CBN says all BDCs are allowed to sell to end-users at a margin ''not more than one percent (1%) above the purchase rate...
Leading IOCs are affirming their commitment as TotalEnergies, Shell, Chevron double...
...Ahead of the Invest in African Energy forum this May, leading IOCs have outlined substantial investment commitments to Africa’s frontier exploration and emerging LNG...
Alex Otti, Abia State Governor outlines the rules of engagement as...
...The project, which analysts say may form a precedent for other companies, comes after nearly 20 years and amidst several frustrating twists and turns.
...The...
Sahara Group Foundation partners LSETF, IBILE Oil and Gas, Wecyclers, to...
TUE, FEB 27 2024-theGBJournal| In its ongoing commitment to fostering sustainable waste management across Lagos State, the Sahara Group Foundation has teamed up with...
Eight-man committee has 12-week deadline to ensure necessary legislative amendments to...
...The Oronsaye report was submitted in 2012 to the Jonathan administration.
...The committee comprises Secretary to the Government of the Federation, Head of the Civil...
Shell deploys first unmanned vessel for pipeline route survey in Nigeria
...Last month, the remotely operated USV conducted a pipeline route survey at Bonny for a total of 166 hours.
...Last month, the remotely operated USV...
