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NIBSS directs banks to disconnect non-deposit financial institutions from transfer list

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THUR, DEC 07 2023-theGBJournal|The Nigeria Inter-Bank Settlement System (NIBSS) has directed banks to delist Payment Solution Service Providers (PSSIs), Switches and Super Agents (SAs)...

Africa could lose $25 billion per year as new EU carbon...

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...With Africa’s energy deficit and reliance mainly on fossil fuels, especially diesel, the implication is that Africa will be forced to export raw commodities...

Airline industry net profits expected to reach $25.7 billion in 2024-IATA

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...IATA projects overall revenue in 2024 to rise faster than expenses (7.6% vs 6.9%), strengthening profitability. ...Industry revenues are expected to reach an historic high...

Google launches Gemini 1.0, its “most capable” AI model yet

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WED, DEC 06 2023-theGBJournal|First teased in May as its next-generation foundation model, Google on Wednesday launched its Gemini 1.0, and is making it available...

Nigerian stocks extends gains, NGX All-Share Index up 0.78%

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WED, DEC 06 2023-theGBJournal|Nigerian equities market closed higher on Wednesday, extending gains seen on Tuesday. The Benchmark Index, the NGX All-Share Index nudged slightly higher...

Opebi-Mende-Ojota Link Bridge in Lagos open to traffic in Q-2 2024

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...The construction of the bridge is in line with the Babajide Sanwo-Olu administration’s commitment to the second pillar of the THEMES+ developmental agenda WED, DEC...

IRC makes an urgent call for action to combat climate shocks...

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...The impacts of climate change are exacerbated by conflict in the central Sahel, Côte d’Ivoire and Nigeria, amplifying existing risks, cracks and inequalities in...

NNPC Limited backs oil and gas Decarbonization Charter on methane emissions...

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...Pledges to work with partners to achieve the goal of reaching net-zero emissions WED, DEC 06 2023-theGBJournal|NNPC Ltd. has expressed its commitment to work with...

EFCC sends N76.586 billion spending bill for 2024 to House of...

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TUE, DEC 05 2023-theGBJournal|The Economic and Financial Crimes Commission (EFCC), on Tuesday, presented a budget of N76.586 billion as its budget proposal for 2024...

MarketsBrief| Naira trades at N806.73/USD at NAFEM, T-Bills yiled rises to...

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TUE, DEC 05 2023-theGBJournal| The naira appreciated by 3.9% to N806.73/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM). The overnight lending rate contracted by...