Editor
Focus| The Dangote Foods Merger, another behemoth?
WED, SEPT 06 2023-theGBJournal |On July 31, 2023, following deliberations by their respective boards, Dangote Sugar Refinery Plc (DANGSUGAR), NASCON Allied Industries Plc (NASCON)...
Market’s Wrap| FGN Eurobond market mixed, T-Bills average yield prints at...
SAT, SEPT 02 2023-theGBJournal |Following the improvement in system liquidity this week due to the FAAC inflow, interbank rates experienced a significant decline. WoW,...
fx Watch|Nigeria’s gross FX reserves increased by USD224.39 million w/w, first...
SAT, SEPT 02 2023-theGBJournal |Nigeria’s FX reserves recorded its first accretion after sixteen consecutive weeks of decline, as the gross FX reserves increased by...
NGX emerges one of the best performing markets in three months...
...According to African markets, a website tracking the performance of exchanges in Africa, Ghana Stock Exchange (+22.84%) emerged first while NGX (+19.33%) emerged second...
Nigerian stocks close 3.0% w/w higher, buoyed by gains in industrial...
...Top three equities accounted for 1.065 billion shares worth N6.525 billion in 6,801 deals
...Market was buoyed Friday by gains in industrial heavyweight, DANGCEM (+2.72%),...
Swiss Perspective| China has the shakes… again
...There are signs that some large non-domestic asset management companies such as Blackrock and Allianz have lost significant sums in Country Garden.
... some suspicions...
First 100 | Delta State Govenor Oborevwori plans N167 billion supplementary...
...Projects inspected included the Administrative building, Faculty of Agriculture building, lecture theatres
...Plans supplementary budget of N167 billion to address areas of need
SAT, SEPT 02...
Delta State Exco approves N10 billion for palliatives
WED, AUGUST 30 2023-theGBJournal |The Delta State Executive Council has approved the sum of N10 billion as Social Investment to fund palliatives for Deltans.
This...
Markets Today| NGX All-Share Index ticks lower, year-to-date return falls to...
...Treasury bonds secondary market were bearish
...NTB secondary market were bullish
WED, AUGUST 30 2023-theGBJournal |The Nigerian equities market recorded its first loss of the week,...
BII, FMO unveil US$40 million commitment to Dashen Bank, first long-term...
...Innovative facility enables progressive local bank to expand lending to exporters.
...Provides longer-term USD capital to agricultural exporters for the purchase of new machinery to...
