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Markets Brief| Bonds yield closes flat at the mid, long segments,...

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...The domestic bourse recorded its first positive performance of the week as gains in GTCO (+10.0%) and ZENITHBANK (+7.9%) offset the loss in NESTLE THUR,...

Lafarge Africa Plc 2023FY earnings performance highlights challenges from economic headwinds

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...The building solutions company also reported an EPS of N3.17 (2022FY: N3.33). ...The decline in the company’s EPS is attributable to the higher net FX...

CBN| Confronting inflation and other challenges

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...CBN Governor, Cardoso and his team has launched an aggressive fight against inflation just like Paul Volcker, a former US Fed Chairman (1979-1987) did. ...Will...

MainOne Lands 2Africa Submarine Cable in Qua Iboe, Akwa Ibom State,...

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...The landing marks a significant milestone in enhancing broadband connectivity and driving economic development in the South-South, South-East and North-Central regions of Nigeria. ...Spanning 45,000km...

MTNN restores full service after prolonged glitch

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THUR, FEB 29 2024-theGBJournal|Mobile telecomms giant, MTN Nigeria (MTNN) said it has full restored service on its network following Wednesday's Glitch that left millions...

Binance faces extensive probe in Nigeria, marking yet another jurisdiction in...

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...So far, the Nigerian authorities have directly demanded copies of internal communications and data from Binance personal devices, according to sources familiar with the...

Markets Wrap| Naira rebounds to N1,609.51/US$, bonds yield touches 17.1%, T-Bills...

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...The Nigerian equities market maintained its bearish streak as sell pressures on DANGSUGAR (-9.7%) and tier-1 banks weighed on today’s performance. WED, FEB 28 2024-theGBJournal|The...

NNPC Ltd, OPEC pledge alliance to attract investments, grow production and...

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WED, FEB 28 2024-theGBJournal|The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Organization of the Oil Exporting Countries (OPEC) have pledged to work...

Air Peace crashes London flight fares, sells return economy class for...

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...London will be the airline's 7th international destination since kicking off operations less than 10 years ago. WED, FEB 28 2024-theGBJournal|West and Central Africa's foremost...

President Tinubu scheduled to commission the Lagos Redline Train on Thursday

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...The train is the first phase of the project, which will run from Agbado in Ogun State to Oyingbo in the heart of Lagos. ...The...