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Markets Wrap|T-Bills and FGN Bonds yiels close 7.6% and 14.4% respectively...
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...
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...
...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
...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
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...
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%)...
Access Holdings, ART X Collective aims to inspire Africa’s emerging talents...
MON, OCT 09 2023-theGBJournal|Access Holdings, and ART X Collective have announced commencement of the highly anticipated entry call for the Access ART X Prize...
West African Power Pool set to commence Day-Ahead electricity trading in...
MON, OCT 09 2023-theGBJournal|West African Power Pool (WAPP) say it is finalizing arrangements to commence day-ahead electricity trading in the ECOWAS regional market, following...
NNPC names Consortium members for rehabilitation of pipelines across Nigeria amid...
MON, OCT 09 2023-theGBJournal|The Nigerian National Petroleum Company Limited (NNPC) Sunday published the composition of Consortium members per lot for the rehabilitation of pipelines...
Governor Sanwo-Olu assesses environmental degradation impact, vows to regenerate waterlogged Lagos...
...Jankara, Pelewura, Bombata markets for redevelopment; traders get evacuation notice
...Ilubirin Pump Station ready in January
MON, OCT 09 2023-theGBJournal| Clogged drainage, waterlogged roads, muddy streets...














