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FX Watch| Nigeria’s FX reserve falls by US$47.83 million w/w as...

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SAT, APRIL. 29 2023-theGBJournal| This week, Nigeria’s FX reserve declined by US$47.83 million w/w to close at US$35.26 billion (26 April) as FX liquidity...

President Buhari flags off the multi-million Naira Ogoni Power Project

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SAT, APRIL. 29 2023-theGBJournal|President Muhammadu Buhari has flagged off the construction of the Ogoni Power Project, expressing confidence that the project upon completion will...

President Buhari speaks on Nigeria’s stabilizing role in Africa

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SAT, APRIL. 29 2023-theGBJournal|President Muhammadu Buhari says Nigeria’s size and resources have imposed on her a stabilizing role in the West African subregion and...

Nigerian stocks close week higher as investors digest corporate earnings data,...

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...Renewed bank concerns sway global markets SAT, APRIL. 29 2023-theGBJournal| Nigerian stock market closed higher Friday as traders digested more corporate earnings. The All-Share index finished...

GUINNESS Nigeria Plc Q3-23 earnings hit by elevated cost pressures

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FRI, APRIL. 28 2023-theGBJournal|GUINNESS Nigeria Plc Thursday reported revenue growth of 7.4% y/y in Q3-23 (9M-23: +8.2% y/y), supported by price and mix optimization...

FG expands fuel subsidy removal Committee to include the Transition Committee...

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FRI, APRIL. 28 2023-theGBJournal|Minister of Finance, Budget and Planning, Mrs Zainab Ahmed said Thursday following the Federal Executive Council (FEC) meeting in Abuja, that...

Jela’s Development Initiatives partners TY Danjuma Foundation, trains teachers on Mental...

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FRI, APRIL. 28 2023-theGBJournal|Jela’s Development Initiatives, JDI, a nonprofit organisation, in partnership with the TY Danjuma Foundation has concluded a four-day teachers training for...

Markets Wrap| NGX benchmark Index edges higher, up 0.27%, FGN bond...

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THUR, APRIL. 27 2023-theGBJournal| Nigerian Markets sustained bullish sentiment Thursday as the NGX benchmark Index, the treasury bills and FGN bond secondary markets ended...

MTN Nigeria Communications Plc posts N101.30 billion profit after tax, driven...

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THUR, APRIL. 27 2023-theGBJournal|MTN Nigeria Communications Plc (MTNN) released its Q1-23 unaudited results today, reporting revenue growth of 20.6% y/y in Q1-23, primarily driven...

NASCON Allied Industries Plc reports 57.1% growth y/y in Q1-23

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THUR, APRIL. 27 2023-theGBJournal|NASCON Allied Industries Plc (NASCON) published its Q1-23 unaudited financials earlier Wednesday, in which the company reported an EPS of N0.62...