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Credit to the private sector sees sustained growth

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SAT, FEB 03 2024-theGBJournal| According to the Central Bank of Nigeria (CBN), credit to the private sector (CPS) increased by 49.8% y/y to N62.52...

Treasury Bills| Tight liquidity triggers sell-offs across the curve as yield...

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...The overnight (OVN) rate expanded by 237bps w/w to 21.2% in the Money Market SAT, FEB 03 2024-theGBJournal| Sentiments in the NTB secondary market remained...

NGX benchmark index gains 197bps w/w after CBN called for harmonization...

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...The ASI gained 197bps week-on-week and 157bps day-on-day to settle at 104,421.23 points. ...Major market drivers in Friday’s session were FBNH (+9.85%), GTCO (+2.09%) and...

UBA Group appoints Mary Mulili, Mohamed Alhajie Samoura as MD/CEO of...

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...Ms. Mary Mulili served as Executive Director for UBA Kenya ...Mr Mohamed Alhajie Samoura becomes the first Sierra Leonean to hold this position since the...

Naira at historic intraday low of 1,462.00/$ at the NAFEM window

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...Nigeria's gross reserves level dropped by US$18.03 million w/w to close at US$33.35 billion SAT, FEB 03 2024-theGBJournal| The local currency, the Naira, witnessed a...

FGN Bond average benchmark yields closes out a bearish week 66bps...

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...Meanwhile, the FGN Eurobond market traded on mixed sentiments this week. We saw a bullish trend triggered by the $500 million released by the...

AFCON2023|Nigeria’s Super Eagles soars into the semi-finals with 1-0 thrilling win...

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FRI, FEB 02 2024-theGBJournal|Nigeria, three-time winners, on Friday beat the hard-fighting Angolans to fly into the semi-finals of the TotalEnergies African Cup of Nations. Nigeria...

Court admits evidence against former-Accountant-General of the Federation Idris in N109...

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FRI, FEB 02 2024-theGBJournal| New evidence has been admitted against former Accountant-General of the Federation (AGF), Ahmed Idris, in a case the Economic and...

AFCON 2023| Crunch time as Nigeria face tough Angola in CAF...

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...Nigeria's Head Coach Jose Peseiro and players said they expect a tough match against Angola FRI, FEB 02 2024-theGBJournal|Nigeria's Super Eagles, today, will be in...

Nigeria’s Teledensity drops, active voice and internet subscription rises marginally, NCC...

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FRI, FEB 02 2024-theGBJournal|Active voice and internet subscriptions in Nigeria saw marginal growth in 2023 even as the country's teledensity fell. According to the Nigerian...