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NGX All-Share-Index rises, lifted by investor’s demand in blue-chip companies

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MON OCT 07 2024-theGBJournal| The NGX All-Share-Index rose Monday, sustaining the winning streak after a sluggish start to October. The benchmark index gained 19bps...

Oil Brief| ExxonMobil, Seplat $1.28 billion divestment deal awaits ministerial approval,...

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...NNPC 19 months crude supply falls short Dangote's 650,000 barrels per day capacity MON OCT 07 2024-theGBJournal| The Nigerian National Petroleum Company Limited (NNPCL) has...

Access Bank to establish banking subsidiary in Namibia

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MON OCT 07 2024-theGBJournal| Access Bank Plc has obtained a provisional licence from the Bank of Namibia to establish a commercial bank in Namibia. Access...

Four global health innovators from Nigeria, Spain, Uganda and USA chosen...

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...Winners will support Gavi with advanced technological solutions focused on building climate-resilient health systems ...Gavi harnesses innovation to mitigate the effects of climate change on...

Nigeria service sector activity accelerates as Purchasing Manager’s Index expands to...

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SAT OCT 05 2024-theGBJournal| The Central Bank of Nigeria's (CBN) Purchasing Manager’s Index (PMI) report for September indicate private sector activities remained resilient as...

NGX All-Share Index falls 95bps w/w; SEPLAT, GTCO and UBA gain...

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...ASI year-to-date return increased to 30.42%, while the market capitalization gained N262.10 billion SAT OCT 05 2024-theGBJournal| The All-Share index lost 95bps week-on-week as selloffs...

FOREX| CBN makes total FX spot sale of US$543.5 million to...

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...US$39 million was sold on September, offered at the rate of N1580.00/US$-1605.00/US$. ...US$17.500 million was the lowest amount sold (September 23,2024), offered at the rate...

Total inflows into NAFEM dips 7.1% m/m to US$2.17 billion in...

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SAT OCT 05 2024-theGBJournal| Based on data from FMDQ, total inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) declined by 7.1% m/m to...

N81.90 billion worth of treasury bills maturities on offer as bonds...

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SAT OCT 05 2024-theGBJournal| Bearish sentiments prevailed in the Treasury bonds secondary market this week following profit-taking activities on short- and long-dated bonds. Hence, the...

Borno State Governor Zulum requests N61 billion addition to the 2024...

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SAT OCT 05 2024-theGBJournal| Borno State Governor, Babagana Umara Zulum, has requested the State House of Assembly for an additional N61 billion to the...