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Analysis| Fuel price increases and the markets
...All the same, the Eurobond market has responded positively to these developments and the average yield of the FGN Eurobonds featured in our charts...
NNPC Ltd, TotalEnergies’ $550m Ubeta upstream gas project takes Off
...The Ubeta field, which was discovered in 1964, is located northwest of Port Harcourt, Rivers State
WED SEPT 18 2024-theGBJournal| The $550 million upstream gas...
Markets Wrap| FGN bond yield closes flat at 18.5%, Naira wobbles...
TUE SEPT 17 2024-theGBJournal| The FGN bond secondary market was quiet on Tuesday as the average yield closed flat at 18.5%.
Across the benchmark curve,...
Nigerian stocks close higher as investors focus on large-cap stocks; market...
TUE SEPT 17 2024-theGBJournal| The Nigerian equities market closed higher Tuesday, sustaining last week's positive sentiments as investors focus on large-cap stocks based on...
Central Bank to sustain Ways and Means advances to the Federal...
TUE SEPT 17 2024-theGBJournal|The Central Bank of Nigeria (CBN) said, in a new guideline published today, that it will sustain its Ways and Means...
Access Corporation, MTN Nigeria drive equity market to N607bn gain
TUE SEPT 17 2024-theGBJournal| The Nigerian equity market gained N607bn in market capitalisation in the past week, on the back of buying interest in...
President Tinubu announces disaster relief fund for Maiduguri people following devasting...
...He said the relief fund is already expedient as the climate becomes more unpredictable and many places in the country are vulnerable to its...
WHO ramps up flood emergency response in Nigeria as UAE dispatches...
...The floods have displaced more than 225 000 people, with 201 deaths reported in 15 of the country’s 36 states and about 115 000...
PalmPay rolls out USSD service to empower users with enhanced financial...
...With the PalmPay USSD code, customers can now perform a wide range of banking transactions by dialing *861# from their mobile phones.
...This service offers...
Nigeria’s inflation softens by 125bps to 32.15% y/y in August 2024...
...core inflation however (All items less farm produce and energy) rose by 12bps to 27.58% y/y (July: 27.47% y/y)
MON SEPT 16 2024-theGBJournal|Price growth softened...
