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Markets wrap| Volatile Naira gains 5.6% to N750.14/USD, T-Bills yield falls...
MON, NOV 20 2023-theGBJournal|The NTB secondary market were bullish as the average yield contracted by 1bp to 12.7%.
Across the curve, the average yield pared...
Nigerian stocks in negative start to the week
MON, NOV 20 2023-theGBJournal|Nigerian equities market on Monday made a negative start to week, dampening last week's strong gains, as Selloffs in Tier-1 banking...
CBN’s Monetary Policy Committee fails to meet again on interest rate
MON, NOV 20 2023-theGBJournal|The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) failed to meet again to decide interest rate direction,...
With EU, UN Spotlight Initiative, we’ve made significant progress in fighting...
MON, NOV 20 2023-theGBJournal|The First Lady of Lagos State, Dr Mrs Ibijoke Sanwo-Olu has acknowledged that with the support of the EU-UN Spotlight Initiative...
Nigerian Breweries Plc Board meets Shareholders for decision on 80% acquisition...
...The acquisition follows an offer from Heineken Beverages for NB to acquire Heineken Beverages’ business and operations in Nigeria.
...Heineken had earlier acquired the Distell...
No planned strike, no division in our rank, tankers drivers says
MON, NOV 20 2023-theGBJournal|The National Executive Council of Nigeria's Petroleum Tanker Drivers has debunked reports of a nationwide strike by its members.
The Tanker Drivers,...
Oil market predictions and what they mean for Africa
...A flat market likely is in store for Africa, as well, our report notes, but with a gradual decline in oil production in 2024.
...As...
North West Governors visit African Development Bank to boost cooperation
...Discussions in Abidjan focused on boosting food production, nutrition and security, as well as innovative ways to unleash the zone’s rich agriculture potential and...
Global leaders advance responsible AI development at Governance Summit
...More than 200 leaders came together at the World Economic Forum’s AI Governance Summit to promote the responsible development and deployment of generative artificial...
Shell harvests medals at explorationists’ conference
...The awards and recognition night which formally rounded off the conference on Thursday night, saw SCiN win the Best Exhibitor and Platinum Sponsor awards.
SUN,...
