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DSS arrests, detains Nigeria Labour Congress President, Joe Ajaero
MON SEPT 09 2024-theGBJournal| Agents of the Department of State Services (DSS) have arrested and detained the President of Nigeria Labour Congress President, Joe...
Financial and manufacturing sectors maintain lead in company income tax contribution
MON SEPT 09 2024-theGBJournal| On the aggregate, Company Income Tax (CIT) for Q2 2024 was reported at N2.47 trillion, indicating a growth rate of...
Nigeria’s revenue from VAT hits N1.56 trillion in Q2-2024
...In terms of sectoral contributions, the top three largest shares in Q2 2024 were manufacturing with 11.78%; information and communication with 9.02%; and Mining...
EverQuest Acquisition LLP emerges preferred bidder as FBN Holdings divest from...
SAT SEPT 07 2024-theGBJournal| FBN Holdings Plc said Friday it has entered into a Share Sale and Purchase Agreement to divest its 100% equity...
NMDPRA issues UTM Offshore ”license-to-construct” Nigeria’s first floating LNG facility
SAT SEPT 07 2024-theGBJournal|The Nigerian Midstream Petroleum Regulatory Authority (NMDPRA) Friday granted Nigeria's UTM Offshore ''license-to-construct'' to build first-ever floating liquefied natural gas (LNG)...
FGN bonds yield slips 22bps to 18.44% as market anticipate downward...
SAT SEPT 07 2024-theGBJournal| The FGN Bonds Market witnessed quite a bullish start at the beginning of the week with trades consummated on the...
Treasury Bills yield slides 103bps to 20.8% on post-auction demand
...At the money market, the overnight (OVN) rate expanded significantly by 11.56ppts w/w to 31.7% as OMO auction (N459.60 billion) and CRR (N200.00 billion)...
Naira edges higher by 0.3% w/w after a week of stellar...
SAT SEPT 07 2024-theGBJournal|The naira remained resilient against the greenback, appreciating by 0.3% w/w to N1,593.32/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM).
This...
NGX benchmark index tumbles 15bps w/w after sustained selloffs; N83.55 billion...
SAT SEPT 07 2024-theGBJournal| The Nigerian equities exchange closed Friday 0.15% lower, following week long selloffs.
Over the course of the week, selloffs in ZENITHBANK...
President Tinubu meets Nigerians in China, says he is ready to...
FRI SEPT 06 2024-theGBJournal| President Bola Tinubu on Friday in Beijing met with the Nigerian community as he wrapped up his official visit to...