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Enugu State ’s N170 billion loan| A demand for fiscal responsibility

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...At present, Enugu State’s debt per capita ratio, which represents how much debt the government owes on behalf of each citizen, stands at N23,907. ...Enugu...

Big Brother Naija All-Stars gained estimated 23 million audience reach

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...Moniepoint, the top sponsor, received 36% of the media attention, followed by Tecno Mobile with 21%, Pepsi with 13%, Guinness Nigeria with 12%, and...

Soyinka speaks at Naija Times 3rd anniversary lecture, book presentation

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...Joins Osoba, Momoh, Abati, others as Special Guests WED, OCT 11 2023-theGBJournal| Nobel laureate, Professor Wole Soyinka, has formally accepted to honour the Naija Times...

Nigerian equities closes sharply lower with market sentiment negative

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TUE, OCT 10 2023-theGBJournal|The Nigerian equities market reversed Monday’s gains following the late profit-taking activities in PRESCO (-9.5%) and ETI (-5.3%). Consequently, the All-Share...

Markets Wrap|T-Bills and FGN Bonds yiels close 7.6% and 14.4% respectively...

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TUE, OCT 10 2023-theGBJournal| Trading in the Treasury bills secondary market was bullish, as the average yield declined by 11bps to 7.6%. Across the...

Airlifting of pilgrims from Lagos to holy pilgrimage in Israel suspended...

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TUE, OCT 10 2023-theGBJournal| The airlifting of some intending pilgrims from Lagos State for a holy pilgrimage in Israel, earlier scheduled for today, has...

IMF forecasts Nigeria’s growth to fall 2.9% for 2023, global outlook...

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...Global growth prospects are weak, especially for emerging market and developing economies. ...In sub-Saharan Africa, the IMF forecasts growth is to decline to 3.3 percent ...It...

Analysis| State of Nigeria’s financial markets six months after the election

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...The investment outlook for Naira fixed income investments (T-bill, FGN bonds) remains unclear. ...Yields are well below the rate of inflation and investors are not...

CBN Governors and policy priorities

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By Arize Nwobu TUE, OCT 10 2023-theGBJournal| The Central Bank of Nigeria (CBN) was established by the CBN Act of 1958 and commenced operation in...

BUACEMENT, WAPCO and NB propel market gains as NGX benchmark index...

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MON, OCT 09 2023-theGBJournal|The Nigerian equities market rebounded, up 0.1% to settle at 67,101.33 points Monday, amid investors interest in industrial heavyweight, BUACEMENT (+10.00%)...